POLI 358 - State, Market and Development

1 unit(s)

The turmoil in the global economy has ignited a fierce debate about the proper role of government across the world. Does this mark the end of the free market ideology? Are governments going to take over more responsibilities in managing the economy and society? To engage these important questions, this course embarks on an intellectual journey to explore similar debates in the past and examine a variety of choices countries have made in different time periods and in different regions of the world. After a general discussion of some major analytical traditions in political economy, the course revisits scholarly exchanges over mercantilist policies in the 19^th century, Marxist and Polanyian critiques of capitalism, structuralist theories in the mid-20^th century, East Asian development in the 1980s, the socialist transition in the 1990s, and globalization in the 21^st century. The course concludes with some new insights from the reinvigorated research in institutionalism and the welfare state. Particular attention is paid to the variegated conceptualization of development and intellectual bases for the role of state and market. Fubing Su.

Prerequisite(s): Permission of the instructor.

One 2-hour period.

Not offered in 2023/24.

Course Format: CLS