Comparative political economy

A.A. 2017/2018
Insegnamento per
12
Crediti massimi
80
Ore totali
SSD
SPS/04
Lingua
Inglese
Obiettivi formativi
The course provides students with the tools for the political understanding of economic policy and outcomes in advanced capitalist democracies.

Students who attend the course will be able to:
- address the issue of why different countries have in place different social and economic institutions and implement different social and economic policies
- causally relate economic performance and social outcomes such as inequality to institutional and political choices
- recognize the differences in contemporary capitalist systems
- identify different approaches to explaining institutional variety in advanced capitalist systems
- understand in a sophisticated way the effects of globalization and trade opening on domestic institutions
- envisage the social and economic consequences of processes of liberalization and of structural reforms
- possess a scenario of research and ideas on the evolution of the Eurozone and the conditions for its future viability

Struttura insegnamento e programma

Edizione attiva
Responsabile
Moduli o unità didattiche
Unita' didattica 1
SPS/04 - SCIENZA POLITICA - CFU: 3
Lezioni: 20 ore

Unita' didattica 2
SPS/04 - SCIENZA POLITICA - CFU: 3
Lezioni: 20 ore

Unita' didattica 3
SPS/04 - SCIENZA POLITICA - CFU: 3
Lezioni: 20 ore

Unita' didattica 4
SPS/04 - SCIENZA POLITICA - CFU: 3
Lezioni: 20 ore

STUDENTI FREQUENTANTI
Informazioni sul programma
This is an interactive course, which envisages active participation on the part of the students. Lectures will be kept to a minimum.
Students are encouraged to attend classes. In order to be enroled as 'attending' (frequentanti), students must attend at least 70% of meetings in each of the four modules. Those who cannot attend, or fail to stick to such rule, will have to take the exam as 'non attending' students (non frequentanti).
By attending classes, students take on the obligation to: do all the readings in advance and come to class prepared to discuss; actively participate in class discussions and workshops; take the moderator role in discussions when requested; make presentations when required; be prepared to be the lead presenter in a group presentation when requested; send in short notes before classes when required; send in short papers when required. The instructors reserves the right to call on less active students and gently encourage them to participate and share their thoughts.
Propedeuticità
Introductory Macroeconomics: Introductory (possibly Intermediate) Comparative Politics
Prerequisiti e modalità di esame
The assessment will be based on: participation and when asked leadership in class debates and workshops; quality of short notes to be sent in before class; short papers to be delivered throughout the course; presentations in class and acting as a scheduled discussant.
The weighting system of all such items towards the final mark will be illustrated in class.
Metodi didattici
Lectures; introductions to the topic of the meeting by the instructor; class discussions; workshops; presentations by the students
Unita' didattica 1
Programma
This module aims at providing the basic tools for political understanding of social and economic policy and outcomes in advanced capitalist democracies. The issue of why different countries have in place different social and economic institutions and implement different social and economic policies is addressed looking at political variables. The basic literature on comparative political economy will be reviewed, looking at topics such as the role of interests, of ideas and of different types of political institutions in explaining social and economic policies and economic perfomance.
Metodi didattici
Lectures; introductions to the topic of the meeting by the instructor; class discussions; workshops; presentations by the students
Materiale didattico e bibliografia
The complete reading list will be circulated at the beginning of the module. A tentative one, subject to major revisions, is the following:
Hall, Peter (1997). The Role of Interests, Institutions, and Ideas in the Comparative Political Economy of the Industrialized Nations, in M.I. Lichbach and A.S. Zucherman (eds.), Comparative Politics. Rationality, Culture and Structure. Cambridge: Cambridge University Press, pp. 174-207.
Hall, Peter (2013). The Political Origins of Our Economic Discontents: Contemporary Adjustment Problems in Historical Perspective, in Politics in the New Hard Times: The Great Recession in Comparative Perspective, eds. Miles Kahler and David Lake. Ithaca: Cornell University Press, pp. 129-149.
Blyth, Mark (2009). An Approach to Comparative Analysis or a Subfield within a Subfield? Political Economy, in M.I. Lichbach and A.S. Zucherman (eds.), Comparative Politics: Rationality, Culture, and Structure (second edition), Cambridge: Cambridge University Press, pp. 193-219.
Gourevitch, Peter (1986). Politics in Hard Times, Ithaca: Cornell University Press. Chapters 1&2, pp. 17-68 and Chapter 6, pp. 221-240.
Hall, Peter (1993) Policy Paradigms, Social Learning, and the State: The Case of Economic Policymaking in Britain, in "Comparative politics", Vol. 25, No. 3, pp. 275-296.
Mark Blyth, Austerity, the History of a Dangerous Idea, Oxford, Oxford University Press, 2013, pp. 132-177.
Paul Krugman, How the Case for Austerity Has Crumbled, New York Review of Books, 6 June 2013.
Hall, Peter and David Soskice (2001). An Introduction to Varieties of Capitalism, in P.A. Hall and D. Soskice (eds.) Varieties of capitalism: the institutional foundations of comparative advantage, Oxford: Oxford University, pp. 1-68.
Selected chapters from Bob Hancké (ed.), Debating Varieties of Capitalism. A Reader, Oxford University Press, 2009.
Thelen, Kathleen (2012). Varieties of Capitalism: Trajectories of Liberalization and the New Politics of Social Solidarity, in "Annual Review of Political Science", 15, pp. 137-159.
Wolfgang Streeck (2011). E Pluribus Unum? Varieties and Commonalities of Capitalism. MPIfG Discussion Paper 10 /12. Cologne: Max-Planck-Institut für Gesellschaftsforschung, Köln.
Bruno Palier and Kathleen Thelen, "Institutionalizing Dualism: Complementarities and Change in France and Germany," Politics & Society, March 2010, 38(1), 119-148.
Unita' didattica 2
Programma
This module builds on, refines and completes the first module, by looking more in depth at the varieties of democratic capitalisms, their roots in deliberate political and institutional choices or functional, economic imperatives, their different consequences on societal outcomes such as inequality and poverty, the challenges to diversity posed by globalization and liberalization.
Metodi didattici
Lectures; introductions to the topic of the meeting by the instructor; class discussions; workshops; presentations by the students
Materiale didattico e bibliografia
The complete reading list will be circulated at the beginning of the module. A tentative one, subject to major revisions, is the following:
Acemoglu, Daren, Johnson, Robinson, James (2004) Institutions as the fundamental cause of long-run growth, NBER Working Paper 10481.
Przeworski, Adam (2004), Institutions Matter? in "Government & Opposition", 39, 4, pp. 527-540.
Olson, Mancur (1982) The Rise and Decline of Nations, New Haven: Yale University Press, Chapters 1-3, pp. 1-74.
Pontusson, Jonas (2005) Inequality and Prosperity: Social Europe vs. Liberal America. Ithaca: Cornell University Press, Chapter 5, pp. 95-113.
Swenson, Peter (1991) Bringing Capital Back In, or Social Democracy Reconsidered: Employer Power, Cross-Class Alliances, and Centralization of Industrial Relations in Denmark and Sweden, in "World Politics", 43, 4, pp. 513-544.
Isabela Mares, 2003. The Sources of business interest in social insurance: sectoral versus national differences. World Politics 55 (January 2003), pp. 229-58.
Korpi, Walter (2006) Power Resources and Employer-Centered Approaches in Explanations of Welfare States and Varieties of Capitalism: Protagonists, Consenters, and Antagonists, in "World Politics", 58, 2, pp. 167-206.
Jonas Pontusson and Lane Kenworthy, 'Rising Inequality and the Politics of Redistribution in Affluent Countries', Perspectives on Politics, 2005.
Kenneth Scheve and David Stasavage. "Institutions, Partisanship, and Inequality in the Long Run," World Politics, 2009.
Pablo Beramendi and Thomas Cusack, "Economic Institutions, Partisanship, and Inequality," in Pablo Beramendi and Christopher Anderson, Democracy, Inequality, and Representation, pp.126-168.
David Rueda, "Left Government, Policy, and Corporatism: Explaining the Influence of Partisanship on Inequality," World Politics 60:3, April 2008.
Walter Korpi and Joakim Palme. 2003. "New Politics and Class Politics in the Context of Austerity and Globalization," APSR, 97:425-446.
Lyle Scruggs and J. Allan, "Political Partisanship and Welfare State Reform in Advanced Industrial Societies," American Journal of Political Science 48(3), 2004, pp. 493-512.
Jacob S. Hacker, "Privatizing Risk without Privatizing the Welfare State: The Hidden Politics of Social Policy Retrenchment in the United States," The American Political Science Review, Vol.98, No. 2 (May, 2004), pp. 243-260.
Swank, Duane (2010) Globalization, in F. Castles, S. Leibfried, J. Lewis, H. Obinger and C. Pierson,"The Oxford Handbook of the Welfare State", Oxford: Oxford University Press, pp. 318-330.
Rodrik, Dani (1998) Why do more open economies in "Journal of Political Economy", 106, 5, pp. 997-1032.
Iversen, Torben, Cusack, Thomas R. (2000), The Causes of Welfare State Expansion: Deindustrialization or Globalization?, in "World Politics", 52, 3, pp. 313-349.
Unita' didattica 3
Programma
This module looks at the political economy of the financial crisis and its institutional and political roots, in the context of neoliberalism, the opening of domestic markets and liberalization in financial markets. It also looks at the consequences in terms of structural reforms in social protection and labour markets. The experience from crises and policy responses in Latin America and East Asia is reviewed.
Metodi didattici
Lectures; introductions to the topic of the meeting by the instructor; class discussions; workshops; presentations by the students
Materiale didattico e bibliografia
The complete reading list will be circulated at the beginning of the module. A very tentative one, subject to major revisions, is the following:
Crotty, J. (2009), 'Structural Causes of the Global Financial Crisis: A Critical Assessment of the 'New Financial Architecture'', Cambridge Journal of Economics 2009, 33, pp. 563-580.
Eichengreen, B. (2008), Globalizing Capital: A History of the International Monetary System, 2nd edition, Princeton University Press, ch. 5 ('A Brave New Monetary World')
Suárez, S. and R. Kolodny (2011), 'Paving the Road to "Too Big to Fail": Business Interests and the Politics of Financial Deregulation in the United States' Politics & Society 39, 1, pp. 74‐102.
Summers, L. (2000), 'International Financial Crises: Causes, Preventions and Cures', American Economic Review, 90, pp. 1‐16.
Selected chapters form Wolf, M. (2010) Fixing Global Finance, John Hopkins University Press.
Selected chapters from G. Pop-Eleches, From Economic Crisis to Reform, Princeton University Press, 2009
Selected chapters from Colin Crouch, The Strange Non-death of Neo-liberalism, Polity, 2011
Selected chapter from Greta Krippner, Capitalizing on Crisis: The Political Origins of the Rise of Finance, Harvard University Press, 2012
Unita' didattica 4
Programma
This module builds on the previous one, with a special focus on the sovereign debt crisis in the Eurozone, its determinants in institutional design and in political economy changes in the EMU member states. It deals with the politics of austerity and structural reforms and their consequences for European welfare states.
Metodi didattici
Lectures; introductions to the topic of the meeting by the instructor; class discussions; workshops; presentations by the students
Materiale didattico e bibliografia
The complete reading list will be circulated at the beginning of the module. A tentative one, subject to major revisions, is the following:
D. Hodson, Economic and Monetary Union, H. Wallace, M.A. Pollack, A.R. Young (eds.), "Policy Making in the European Union", Oxford, Oxford University Press, 2010, ch. 7, pp. 157- 180.
A. Verdun, The building of economic governance in the European Union, "Transfer: European Review of Labour and Research", 2013, 19, 1, pp. 23-35.
C. Degryse, The new European economic governance, Working Paper 2012/14, European Trade Union Institute
F. Costamagna, Saving Europe 'under strict conditionality': a threat for EU social dimension?, LPF Working Paper 7/2012.
F. Costamagna, The European Semester in Action: Strengthening Economic Policy Coordination While Weakening the Social Dimension? LPF WP no. 5/2013.
Selected chapters from Mark Blyth, Austerity, the History of a Dangerous Idea, Oxford, Oxford University Press, 2013
F. Scharpf, Monetary Union, Fiscal Crisis and the Preemption of Democracy, MPIfG Discussion Paper 11/11
W. Streeck, The Crises of Democratic Capitalism, in "New Left Review" 71, September-October 2011, pp. 5-29.
W. Streeck, Markets and Peoples. Democratic Capitalism and European Integration, "New Left Review" 73, Jan-Feb 2012, pp. 63-71.
K. Armingeon, L. Baccaro, Political Economy of the Sovereign Debt Crisis: The Limits of Internal Devaluation, "Industrial Law Journal", 2012, Vol. 41, No. 3, pp. 254-275.
L. Baccaro and C. Benassi, The Evolution of German Industrial Relations: Softening Institutions, Hardening Growth Model, mimeo.
A. Steinherr, Why Germany should leave the Euro, 2013, mimeo.
STUDENTI NON FREQUENTANTI
Prerequisiti e modalità di esame
L'esame consiste in un colloquio orale in italiano o in inglese su alcuni testi in lingua inglese. Il docente si riserva il diritto di modificare la modalità dell'accertamento in alcune sessioni, a parità di programma di esame.
Gli studenti che non possono frequentare sono pregati di prendere contatto con il docente con congruo anticipo, e in ogni caso di segnalare la propria partecipazione a una sessione di esame dopo essersi iscritti all'appello.

The assessment will be based on a discussion in English or Italian revolving around some books written in English. The instructor reserves the right to modify the assessment mode on particular occasions, of course keeping the syllabus constant.
Students who cannot attend classes are kindly requested to contact the instructor at their earliest convenience, and in any case to notify him once they have signed in for an exam date.
Unita' didattica 1
Programma
Varieties of capitalism approach, its applications, its refinements and its critics.
Materiale didattico e bibliografia
Bob Hancké (ed.), Debating Varieties of Capitalism. A Reader, Oxford University Press, 2009
Kathleen Thelen, Varieties of Liberalization and the New Politics of Social Solidarity, Cambridge University Press, 2014
Unita' didattica 2
Programma
Applications of comparative political economy to the development of nations, the role of business, employers and unions in contemporary capitalism, varieties of liberalization in advanced democracies
Materiale didattico e bibliografia
Jonas Pontusson, Inequality and Prosperity: Social Europe Vs. Liberal America, Cornell University Press, 2005

& Kathleen Thelen, Varieties of Liberalization and the New Politics of Social Solidarity, Cambridge University Press, 2014
Unita' didattica 3
Programma
The political origins of the financial crisis
Materiale didattico e bibliografia
Wolfgang Streeck, Buying Time: The Delayed Crisis of Democratic Capitalism, Verso, 2014
& Miles Mahler and David A. Lake (eds.), Politics in the New Hard Times, Ithaca, Cornell University Press, 2013
Unita' didattica 4
Programma
The politics of austerity and the Eurozone crisis
Materiale didattico e bibliografia
Miles Kahler and David A. Lake (eds.), Politics in the New Hard Times, Ithaca, Cornell University Press, 2013 & Armin Schaefer and Wolfgang Streeck (eds.), Politics in the Age of Austerity, Cambridge, Polity Press, 2013
Periodo
Secondo trimestre
Periodo
Secondo trimestre
Modalità di valutazione
Esame
Giudizio di valutazione
voto verbalizzato in trentesimi
Docente/i
Ricevimento:
Ricevimento sospeso sino a data da destinarsi. Gli studenti possono contattare il docente per email
Dipartimento di Scienze Sociali e Politiche - Stanza 17 secondo piano, edificio Via Conservatorio