Andrew Sobel

Andrew Sobel

Professor of Global Studies
Professor of Political Science (by courtesy)
Coordinator, Development and International Affairs concentrations
PhD, University of Michigan
research interests:
  • Global Finance
  • Domestic Explanations of International Behavior

contact info:

mailing address:

  • Washington University
    MSC 1217-137-255
    One Brookings Drive
    St. Louis, MO 63130-4899

​Professor Sobel specializes in the politics of global finance with a focus upon domestic explanations of international behavior. He is the author or editor of six books and numerous articles.

Professor Sobel is a political scientist in the program in International and Area Studies (IAS) at Washington University in St. Louis. He serves as Director of Global Studies. He specializes in international political economy; specifically the political economy of global finance, globalization, and development. He is the former Program Director of the MA Program in International Affairs in University College at Washington University. He currently serves on the Faculty Advisory Council to the Whitney R. Harris World Law Institute and on the Global Advisory Committee at the Brown School of Social Work.

He is the author or editor of six books and numerous articles. His first book, Domestic Choices, International Markets, examines the politics underpinning the liberalization and globalization of national securities markets in Japan, the United Kingdom, and the United States. His second book, State Institutions, Private Incentives, Global Capital, explores the extraordinary transformation and reawakening of global financial markets, systematic differences in access for borrowers in the global capital pool, and the effects of national political institutions in explaining the metamorphosis and the differential access. Congressional Quarterly Press published his third book, Political Economy and Global Affairs. In his fourth book, The Challenges of Globalization, he edited a volume of papers from a conference on Globalization, State and Society. His fifth book, Birth of Hegemony: Crisis, Financial Revolution, and Emerging Global Networks, came out in the summer of 2012 from the University of Chicago Press. This book explores the public and private financial foundations of liberal hegemonic leadership by examining the three cases of such leadership over the past 400 years—the Dutch Netherlands, England, and now the United States. A sixth book, International Political Economy in Context: Individual Choices, Global Effects, was released by Sage/CQ Press in September 2012.

Recent Courses

International Relations

Globalization, the accelerating rate of interaction between people of different countries, creates a qualitative shift in the relationship between nation-states and national economies. Conflict and war is one form of international interaction. Movement of capital, goods, services, production, information, disease, environmental degradation, and people across national boundaries are other forms of international interactions. This course introduces major approaches, questions, and controversies in the study of international relations. We will explore seminal literature at the core of modern international relations theory. We will examine the building blocks of world politics, the sources of international conflict and cooperation, and the globalization of material and social relations.

    Politics of Global Finance

    Global finance underwent stunning transformations over the past thirty years. The changes contribute to interdependence, challenge national sovereignty, alter state-society relations, affect economic development, and influence the distribution of wealth and power in the global political economy. The seminar examines the political economy of monetary relations, the globalization of capital markets, and their effects upon domestic and international affairs.

      State Failure, State Success and Development

      Why do some nations develop while others languish? This course takes an interdisciplinary approach to examining the role governments play in development and economic outcomes. Knee-jerk ideologues from all parts of the political spectrum make competing arguments, most of which are overly simplistic and ignore good social science. Some argue that state involvement in the economy hinders economic activity and development, while others argue for greater state involvement. Such arguments are often poorly informed by systematic rigorous research. We will look at some of the competing arguments about governments in failed and successful states and compare those arguments to the empirical world, or data. In so doing we will recognize that how governments affect development and economic outcomes in society is neither straightforward nor consistent with any of the simplistic ideological screeds that often dominate public discourse.

        International Politics

        Globalization, the accelerating rate of interaction between people of different countries, creates a qualitative shift in the relationship between nation-states and national economies. Conflict and war is one form of international interaction. Movement of capital, goods, services, production, information, disease, environmental degradation, and people across national boundaries are other forms of international interactions. This course introduces major approaches, questions, and controversies in the study of global political-economic relations. In a small group seminar we will examine the building blocks of world politics, the sources of international conflict and cooperation, and the globalization of material and social relations.

          Selected Publications

          Sobel, Andrew C. 2013. International Political Economy in Context: Individual Choices, Global Effects,  Washington D.C.: Congressional Quarterly Press.

          Sobel, Andrew C. 2012. Birth of Hegemony. Crisis, Financial Revolution and Emerging Global Networks, Chicago: University of Chicago Press.

          Sobel, Andrew C. (ed.). 2009. Challenges of Globalization: Immigration, social welfare, global governance, Routledge Press.

          Sobel, Andrew C. 2006. Political Economy and World Affairs, Washington D.C.: Congressional Quarterly Press.

          Sobel, Andrew C. 1999. State Institutions, Private Incentives, Global Capital. Ann Arbor: The University of Michigan Press.

          Sobel, Andrew C. 1994. Domestic Choices, International Markets: Dismantling National Barriers and Liberalizing Securities Markets. Ann Arbor: The University of Michigan Press.

          Birth of Hegemony: Crisis, Financial Revolution and Emerging Global Networks

          Birth of Hegemony: Crisis, Financial Revolution and Emerging Global Networks

          International Political Economy in Context

          International Political Economy in Context