subject: Political Economic – international economy and finance

Write critical reviews of three of the following articles. At least one of the chosen articles

should come from list A and at least one from list B.

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Each review should be of approximately 600 words (not including references but including everything else). Make clear in each case which article you are reviewing. The reviews should be submitted together as a single document through Canvas in the normal way.

The reviews should summarise key arguments made in the piece and comment on them. Being ‘critical’ does not mean you need to oppose what is being said (although you are welcome to do so). There is a useful summary of ‘Critical writing’ at:

https://www.sydney.edu.au/students/writing/types-of-academic-writing.html

But you might, for example, reflect on the theoretical perspectives of the author(s) and how alternative views might understand the issues differently, or you might identify key achievements of the article and what it leaves unsaid. (Most academic journals carry book reviews and these might give you an idea of what works well.)

The review should be written in academic style. There is no formal requirement to reference any texts except those you choose to review but it will often be useful to do so and any other literature you use should be properly referenced in the normal way.

(Texts from the core readings of the unit, available from the eReserve, are marked with an asterisk *. This is just for information – you are free to review any of the texts listed.)

List A

* Rogowski, R. (2010) Commerce and coalitions: how trade affects domestic political alignments, in Frieden, J.A., Lake, D.A. and Broz, J.L. eds, International Political Economy: Perspectives on Global Power and Wealth, 5th ed., New York, W.W. Norton and Co., pp 365- 75

Bhagwati, J. (2005) Reshaping the WTO, Far Eastern Economic Review, Jan/Feb
Also available at: file:///C:/Users/wdunn/AppData/Local/Temp/FEER_Final_Edited_by_Restall_and_Bhagwati. pdf

* Chang, H.J. (2007) Bad Samaritans: Rich Nations, Poor Policies & the Threat to the Developing World, Random House Business Books, London, pp21-30

Singer, H. (1950) U.S. foreign investment in underdeveloped areas: the distribution of gains between investing and borrowing countries, American Economic Review, 40(2): 473-85

Frieden, J. A. (1991) Invested interests: the politics of national economic policies in a world of global finance, International Organization, 45(4): 425-451.

* Selwyn, B. (2016) Global value chains and human development: a class-relational framework, Third World Quarterly, 37(10), 1768–1786. doi:10.1080/01436597.2016.1156484 ISSN: 0143-6597

Weiss, L. (1997) Globalization and the myth of the powerless state, New Left Review: 3-27. * Silver, B. (2003) Forces of Labour, Cambridge, Cambridge University Press, pp168-79 ***(Write this one for me)***

List B

Menger, C. (1892) On the origin of money, The Economic Journal, 2(6), 239-255. Available here: http://www.monadnock.net/menger/money.html ***(Write this one for me)***

* Strange, S. (1998) Mad Money, Manchester, Manchester University Press, pp 22-42 Dooley, M.P., Folkerts-Landau, D., & Garber, P. (2004) The revived Bretton Woods system,

International Journal of Finance & Economics, 9(4): 307-313.
Arestis, P., & Glickman, M. (2002) Financial crisis in Southeast Asia: dispelling illusion the

Minskyan way, Cambridge journal of economics, 26(2): 237-260.
* Kindleberger, C.P. & Aliber, R.Z. (2005) Manias, Panics and Crashes, 5th ed., Palgrave

Macmillan, Basingstoke, pp 21-32
* Montgomery, J. (2010) Neoliberalism and the making of subprime borrowers, in Konings,

M. (ed.), The Great Credit Crash, London: Verso, pp. 103-18.
Bryan, D., Martin, R., & Rafferty, M. (2009) Financialization and Marx: giving labor and

capital a financial makeover, Review of Radical Political Economics, 41(4), 458-472. * Wolf, M. (2010) Fixing Global Finance, New Haven, Yale, pp10-27

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