Dr Stephen Woolcock CLM 6.13

This course is available on the MPA in European Policy-Making, MPA in International Development, MPA in Public Policy and Management, MPA in Public and Economic Policy, MPA in Public and Social Policy, MPA in Social Impact, MSc in International Affairs (LSE and Peking University), MSc in International Political Economy, MSc in International Political Economy (LSE and Sciences Po), MSc in International Political Economy (Research), MSc in Political Science and Political Economy and Master of Public Administration. This course is available with permission as an outside option to students on other programmes where regulations permit.

The course begins with a discussion of the ideational factors that have shaped and continue to shape trade policy, before introducing some of the core analytical models that assist understanding of the political economy of trade. The course then proceeds to discuss the nature of trade and investment in the 21st century, including among other things the impact of the growth of global supply chains on the political economy of trade and investment. The domestic and international institutional frameworks within which trade and investment policy are conducted are discussed. The course then considers some of the underlying trends in trade towards the use of preferential and plurilateral rather than multilateral approaches. Finally, after a discussion of the links between trade and development, the course covers some of the main topics in current negotiations including in particular agriculture and food security, trade in manufactures, services and investment as well as the inter-relationship between trade and sustainable development.

10 hours of lectures and 15 hours of seminars in the MT. 1 hour and 30 minutes of seminars in the ST.

Students on this course will have a reading week in Week 6, in line with departmental policy.

Students will be expected to produce 1 essay in the MT.

Heydon. K and Woolcock. S (eds) (2012) The Ashgate Research Companion to International Trade Policy, HF 1379 A 82: e-book and hard copies available.

Hoekman. B and Kosteki. (2009) The Political Economy of the World Trading System HF 1359 H69 e-book available but reasonably price in paperback so something to purchase.

Martin. L (ed) (2014) Oxford Handbook of The Political Economy of International Trade, available as an e-book.

Exam (70%, duration: 2 hours) in the main exam period.
Essay (30%, 2000 words) in the LT.

Student will submit an assessed essay of 2000 words (30%) on an approved topic in Week 1 of the LT.

The final examination (70%) lasts 2 hours and students will be asked to answer 2 out of 8 questions.