International Political Economics

Paper Requirements:
Answer one of the following questions. Your essay should be approximately 2500-3000
words (7-10 pages), typed, and double-spaced. Your essay should do all of the
•refer to each of the four perspectives presented in class (international political,
international economic, domestic political/institutional, and domestic
•provide specific historical examples in support of each perspective
•use materials from the readings as appropriate
•focus on positive/analytical (not normative) arguments

A. Developing-country debt has been associated with a great deal of domestic and
international political conflict. Take either the developing-country debt crisis of the
1980s, or the Asian financial crisis of 1997-1998. Describe the course of the crisis you
have selected – how it started, progressed, and was resolved. Then show how domestic
societal, domestic institutional, international political, and international economic
factors could help explain the course of the crisis. Pay special attention to how these
factors affected the politics of the crisis. Give specific evidence about the crisis and the
factors you discuss.

Sources to use:
Jeffry Frieden, David Lake, and Lawrence Broz, Editors, International Political Economy: Perspectives on Global Power and Wealth, Fifth Edition (New York: W. W. Norton, 2010). Thomas Oatley, International Political Economy: Interests and Institutions in the Global Economy, Fifth Edition (New York: Pearson Longman, 2012).

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