The Political Economy track focuses primarily on questions relating to the current ‘great transformation’ towards a significantly more liberalized and globally integrated world economy. The overlapping processes of globalization, macro-regional integration and changing relations between public authorities and private market actors have prompted scholars to rethink a number of key assumptions and categories typical of the post-war order.
The track seeks to attract students who are interested in those institutional changes considered crucial in understanding this transformation; in particular, the global impetus and multiple scales of politics and economy, European integration, and the problem of development and welfare in comparative perspective (especially with regard to CEE/fSU). The aim of the track is to enable students to address political science questions, such as the variance in institutional settings and institutional change under the conditions of internationalization, but from an interdisciplinary standpoint that explores the connections between social and economic processes.
Members of the political economy track are engaged in a number of international research consortia, such as the EU funded MAXCAP project (Maximizing the integration capacity of the European Union), assume responsibilities in international professional networks such as the ECPR Standing Group on Political Economy, and participate in high profile graduate student networks such as the European Doctoral Workshop in International Relations.
There are two research groups closely connected with the track: the Political Economy Research Group, and the Global South Research Group.
Comparative Political Economy:
4 credits (Advanced Capitalist Countries; Central Eastern Europe; Welfare States, Institutions)
International Political Economy:
4 credits (States, Sectors, and Classes in the international political economy)
Political Economy of Development:
2-4 credits (Political Economy of Regime Change, Advanced Comparative Political Economy, advanced topics in methods)
The program offers a particularly large choice in advanced empirical methods courses. Students are socialized into research that is based on advanced theory and comparative methods.
Who should apply?
The track welcomes applications in the following research areas:
- Varieties of Capitalism
- East European capitalism
- Welfare States and Welfare State Change
- Labor Market, Employment and Industrial Relations
- Fiscal and tax policies
- International Development, Poverty and Inequality
- International Finance and Investment
- Political economy of European Integration
- The Great Recession and the Eurocrisis
Track representative: Laszlo Bruszt
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