FROM THE CRITICS International banker and political economist Kapstein explores the actions that governments have taken to cope with the economic and political consequences associated with the globalization of international finance. He also analyzes the politics of international financial negotiations. Annotation c. Book News, Inc., Portland, OR (booknews.com)
The Political Economy of National Security is the only text on the market that analyzes the economic dimensions of national security. Given the specialization of writings in international relations, authors tend to treat "security studies" and "political economy" as separate spheres with no apparent linkage. By probing the interface between economics and security, this text offers a deeper understanding of both.
Nations around the world are "bandwagoning" with the United States, while trying to maintain some independence of action in case America becomes isolationist. Meanwhile the U.S. is being pulled in different directions by its own economic and security requirements, leading to policy contradictions that must be resolved if the "unipolar" moment is to endure.
2005-Present: STEWARD REDQUEEN STRATEGY CONSULTANTS, THE HAGUE
Associate Partner. Develop economic models that serve the needs of such clients as Coca-Cola, SabMiller, Standard Chartered Bank, Newmont Mining Corporation, GoldFields, GoldStar Resources, Unilever, CDC, and the International Finance Corporation. Projects conducted throughout Africa, Asia, Latin America, and Europe.
2000-2012: INSEAD, FONTAINEBLEAU, FRANCE
Chair in Political Economy. Teach MBA courses on business in emerging markets and international political economy. On leave 2011-2012 at the Wharton School of Business.
2004-present: CENTER FOR GLOBAL DEVELOPMENT, WASHINGTON, DC
Visiting Fellow. Conduct research on political economy of development and participate in ongoing CGD projects and programs.
1996-2001: UNIVERSITY OF MINNESOTA MINNEAPOLIS, MN
Stassen Professor of International Peace, Humphrey Institute of Public Affairs and Dept. of Political Science. Taught graduate and undergraduate courses in international political economy, national security, and comparative public policy. Supervised graduate students who are now teaching at, inter alia, Illinois, New York University, and Williams College.
1995-1996: COUNCIL ON FOREIGN RELATIONS, NEW YORK, NY
Vice President and Director of Studies. Responsible for all aspects of the Studies Program including overall guidance, management, recruitment and fundraising. Directed a major study on Social Policy in Transition Economies, which resulted in an edited volume.
1994-1995: ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT, PARIS, FRANCE,
1984 -1994: HARVARD UNIVERSITY, CAMBRIDGE, MADirector, Economics Program, John M. Olin Institute (1989-1994); Associate, Center for International Affairs (1984-present); Lecturer in International Business (1984-1994); Associate, Leverett House, Harvard College (1992-present).
Principal Administrator, Directorate for Science, Technology, and Industry. Directed OECD programs in the area of industrial restructuring and defense conversion in the former Soviet Union. Focused on problems of social policy in defense-dependent communities.
1984-1987: BANK OF BOSTON, BOSTON, MA
Brazil Officer. Responsible for coordination of Bank's branch network, participation in sovereign and private sector loan negotiations, and financial product development.
1987-88: HARVARD UNIVERSITY, CAMBRIDGE, MAJohn M. Olin Post-Doctoral Fellow, Center forInternational Affairs.
1982-86: FLETCHER SCHOOL OF LAW AND DIPLOMACY, MEDFORD, MAPh.D. in International Political Economy.
1976-1977: UNIVERSITY OF TORONTO, TORONTO, ONTM.A. in History and Philosophy of Science
1971-1976: BROWN UNIVERSITY, PROVIDENCE, RI, A.B. in History of Science, June 1976.
Commander (Ret), United States Navy. Served on special active duty during Operation Desert Storm and as Special Visiting Assistant to Navy Secretary Richard Danzig during Kosovo conflict. Awarded Navy Achievement Medal.
Recent Awards and Professional Activities
2006-present: Member, Fortis Investments Advisory Board.
2005-2006: Research Grant, Smith Richardson Foundation, for project on “Economic Foundations of Democratic Consolidation.”
2005-present: Senior Advisor, Global Policy Innovations Program, Carnegie Council on Ethics and International Affairs.
2005-present: Member, Committee on International Political Science, American Political Science Association.
2004-present: Visiting Fellow, Center for Global Development, Washington, DC.
2004-2006: Transatlantic Fellow, German Marshall Fund of the United States.
2004-present: Board Member, Fondation Innovation Politique, Paris.
2001-present: Research Associate, Institut Francais des Relations Internationales.
2001-present: Consultant to Anglo-American, Michelin, Nestle, Pfizer, TotalFinaElf, Unilever and other corporations on sustainable development strategies.
2001-present: Member, FTSE4GOOD Advisory Committee.
2000-01: Grant from the Upjohn Institute for the project “Responding to Globalization: Social Policy in Emerging Market Economies.”
1999-00: Grants from the Russell Sage and Rockefeller Foundations for a workshop and book on “The Welfare State in Emerging Market Economies.”
1999: Consultant, CNA Corporation
1999: Member, Department of the Navy’s Personnel Task Force
1999-00: Consultant to the OECD on best practices in public policy
1999: Visiting Professor of International Economics at Universite de Nice and at HEC, France
1999: Special Assistant to Secretary of the Navy Richard Danzig
1997-00: Consultant on Social Policy, World Bank
1997: USIS Lecturer in West Africa
1996-99: Consultant on emerging markets, DELTEC Management Corporation
1996-97: Visiting Professor of Economics, Sciences Po, Paris.
1995: Member, Council on Foreign Relations.
1994: Member, International Institute for Strategic Studies.
1994: Visiting Professor, National Institute for Defense Studies, Tokyo, Japan.
1994: Distinguished Visiting Professor, National Defense University, Washington, DC
1992: Outstanding Academic Book Award, Choice, for The Political Economy of National Security.
1991: European Community Visitor’s Program grant.
American Economics Association, American Political Science Association, Council on Foreign Relations, International Institute for Strategic Studies.
Languages and Special Skills
French (fluent), German (fair), Portuguese (good), Russian (fair).
Excellent Computer Skills.
Books and Monographs
The Fate of Young Democracies (Washington, DC: Center for Global Development, forthcoming with Nathan Converse).
Economic Justice in an Unfair World: Toward a Level Playing Field (Princeton: Princeton University Press, 2006).
--and Branko Milanovic, Income and Influence: Social Policy in Emerging Market Economies (Kalamazoo, Mi: Upjohn Institute, 2003).
--and Branko Milanovic, eds. When Markets Fail: Social Policy and Economic Reform (New York: Russell Sage Foundation, 2002).
Hegemony Wired: American Politics and the New Economy (Paris: French Institute for International Relations, 2000).
Sharing the Wealth: Workers and the World Economy (New York: Norton, 1999)
-- and Michael Mandelbaum, eds., Sustaining the Transition: Social Policy in the Post-Communist Economies (New York: Council on Foreign Relations, 1997)
Governing the Global Economy: International Finance and the State
(Cambridge, MA: Harvard University Press, 1994; paperback, 1996)
The Political Economy of National Security (New York: McGraw-Hill, 1992).
The Insecure Alliance: Energy Crises and Western Politics (New York: Oxford University Press, 1990).
"Fairness Considerations in World Politics: Lessons from International Trade Negotiations," Political Science Quarterly (forthcoming).
"Architects of Stability? International Cooperation Among Financial Supervisors," in Claudio Borio, ed., Past and Future of Cental Bank Cooperation (New York: Cambridge University Press, forthcoming 2007).
"The New Global Slave Trade," Foreign Affairs (November/December 2006).
"The Political Economy of International Cooperation: A View from Fairness Economics," The Political Economist (Summer 2006).
"Economics of Young Democracies: Policies and Performance," Center for Global Development Working Papers (March 2006).
"The Politics of Policy Coherence," in OECD, Policy Coherence for Development: Institutional Approaches (Paris: OECD, 2005).
"Power, Fairness, and the Global Economy," in Michael Barnett and Raymond Duvall, eds., Power in Global Governance (New York: Cambridge University Press, 2005).
"Behavioral Foundations of Democracy and Development," Center for Global Development Working Papers (December 2004).
"Capturing Fortress Europe: International Collaboration and the Joint Strike Fighter," Survival (Fall 2004).
"Models of International Economic Justice," Ethics and International Affairs (Fall 2004).
"Is the Global Economy Just?" Challenge (September/October 2004).
"Colliding Forces: Domestic Politics and the Global Economy," (with Stephen Kobrin), in Hubert Gatignon, eds, The Alliance on Globalizing (New York: Cambridge University Press, 2004).
"Two Dismal Sciences are Better than One," International Security (Winter 2002/03).
"The Baby Trade," Foreign Affairs (Nov./Dec. 2003).
"Virtuous Circles? Human Capital Formation, Economic Development, and the Multinational Enterprise," OECD Development Center (Technical Paper no. 191, 2002).
"The Corporate Ethics Crusade," Foreign Affairs (Sept./Oct. 2001)
"Responding to Globalization: Social Policy in Emerging Market Economies," Global Social Policy (Fall 2001 with Branko Milanovic)
"Inequality,Growth and Democracy," World Politics (January 2001, with Dimitri Landa)
"Winners and Losers in the Global Economy," International Organization (Spring 2000)
"Dividing the Spoils: Pensions, Privatization, and Reform in Russia's Transition," World Bank Policy Research Working Paper no. 2292 (March 2000, with Branko Milanovic)
"Democratization and Globalization," in Marc Plattner, ed., International Relations and Democracy (Washington, DC: Johns Hopkins University Press, 2000Ñwith Dimitri Landa)
"Between God and the Market: The Religious Roots of the American Economics Association," Journal of Economic Perspectives (fall 1999Ñwith Bradley Bateman).
"Reviving Aid," World Policy Journal (Fall 1999)
"Distributive Justice as an International Public Good: A Historical Perspective," in Global Public Goods, Inge Kaul, Isabelle Grunberg and Marc A. Stern ed. (New York: Oxford University Press, 1999)
"Distributing the Gains: Justice and International Trade," Journal of International Affairs (Spring 1999)
"Distributive Justice and International Trade" Ethics and International Affairs (1999)
"Trade Liberalization and the Politics of Trade Adjustment Assistance," International Labor Review (1998)
"A Global Third Way: Social Justice and the World Economy," World Policy Journal (Fall 1998).
"Global Rules for Global Finance" Current History (Fall 1998)
"Reviving the State?" World Policy Journal (Spring 1998)
"Social Policy and the Transition" Social Research (Winter 1998)
"Advanced Industrialized Countries," in A. Pierre, ed., Cascade of Arms: Managing Conventional Weapons Proliferation (Washington DC: Brookings Institution Press, 1997)
"Hamilton and the Jeffersonian Myth," World Policy Journal (Spring 1997)
"Racing to the Bottom? Regulating International Labor Standards," International Politics and Society
"Workers and the World Economy," Foreign Affairs (May/June 1996)
"Shockproof: The End of the Financial Crisis," Foreign Affairs (January/February 1996)
"Is Realism Dead? The Domestic Sources of International Politics," International Organization (Autumn 1995)
"The Economic Transition in Defence-Dependent Regions of Russia," Defence and Peace Economics (1995, Vol.6)
--and C. Marshall Mills, "Defence Conversion in Russia's Regions," OECD Observer (February/March 1995)
"America's Arms Trade Monopoly," Foreign Affairs (May/June 1994)
"Governing Global Finance," The Washington Quarterly (Spring 1994)
"We are US: The Myth of the Multinational," The National Interest (Winter 1991/92)
"Between Power and Purpose: Central Bankers and the Politics of International Regulation," International Organization (Winter 1991/92)
"International Collaboration in Armaments Production," Political Science Quarterly (Winter 1991/92)
--and Raymond Vernon, "National Needs, Global Resources," Daedalus (Fall 1991)
"The Brazilian Defense Industry and the International System," Political Science Quarterly (Winter 1990-91)
"The Basle Accord and Financial Competition," Harvard Business Review (January/February 1990)
"Resolving the Regulator's Dilemma: International Cooperation among Financial Regulators," International Organization (Winter 1989/90).
"Multinational Risks," Wall Street Journal Europe (May 10, 2006).
"Avoiding Unrest in a Volatile Environment," Financial Times (March 10, 2006).
"The Trade Barriers Within," Wall Street Journal Europe (August 12, 2004).
"What the Arab World Can Teach the West," Wall Street Journal Europe (April 24, 2003)
"Five Basic Principles for a Worldwide Code of Business Ethics," International Herald Tribune (January 24, 2001)
"L'Amerique, Machine Egalitaire," L'Expansion (December 7, 2000)
"Beware of What You Ask For," International Herald Tribune (May 23, 2000)
"Collapse of a World Safety Net," Los Angeles Times (January 31, 1999)
"Africa is Missing out on a Revolution," International Herald Tribune (September 24, 1998)
"Back to Basics," Los Angeles Times (September 6, 1998)
"Barking Up the Wrong Tree," International Herald Tribune (May 30-31, 1998)
"How Russia Could Make Good Use of the Asian Crisis," International Herald Tribune (January 26, 1998)
"West Finally Sees Regimes as Part of Woes in Asia," Los Angeles Times (January 21, 1998)
"Free Trade's Dirty Little Secret," Minneapolis Star-Tribune (Sept. 11, 1997)
"Capital Mobile, Travailleurs Immobile," Le Monde (March 30, 1997)
"The Welfare State? An Economic Cornerstone, Not a Luxury" International Herald Tribune (January 30, 1997)
"France Versus Europe," New York Times (December 8, 1995)
"Russia's Future Could Well Be Found In Its Provinces," International Herald Tribune (November 24, 1995).