Skip to main content

Carol Wise

Associate Professor of International Relations

Contact Information
Phone: (213) 740-2138
Office: VKC 330

Curriculum Vitae

Biographical Sketch



Ph.D. Political Science, Columbia University, 1991
M.P.A. , Columbia University, 1982
B.A. Sociology, University of California, 1974

Academic Appointment, Affiliation, and Employment History

Tenure Track Appointments

Associate Professor, USC-SIR, 08/2002-  
Assistant Professor, Claremont Graduate School, 07/1991-06/1994  

Non-Tenure Track Appointments

Assistant Professor (until 2000) Associate (2000-2002), Johns Hopkins University-SAIS, 09/1994-06/2002  

Description of Research

Summary Statement of Research Interests

Carol Wise joined the School of International Relations at the University of Southern California in 2002 after spending eight years on the Faculty at Johns Hopkins University's School of Advanced International Studies in Washington, DC. She specializes in international political economy and development, with an emphasis on Latin America. She has written widely on trade integration, exchange rate crises, institutional reform, and the political economy of market restructuring in the region. Wise is currently working on a book-length project---Dragonomics: The Rise of China in Latin America---which analyzes the rapid and remarkable ties that have developed between China and Latin America since the 1990s. Her study approaches this phenomenon from three main angles: the relative rise of China in the global economy such that it has now replaced the U.S. as the most important trading partner for an increasing number of countries in Latin America; the decidedly more heterodox and flexible approach to economic policy management that increased relations with China has instilled in its main Latin American partners; and, the political implications of the growing presence of a "new" hegemon in the Western Hemisphere, one that has resisted the longstanding U.S. notion that liberal capitalist democracy is the only acceptable form of governance. Wise’s recent publications include Unexpected Outcomes: The Quick Rebound of Emerging Economies from the 2008-09 Global Financial Crisis (co-edited with Leslie Armijo and Saori Katada, Brookings Institution Press, 2015), and “Good-bye Financial Crash, Hello Financial Eclecticism: Latin American Responses to the 2008-09 Global Financial Crisis,” Journal of International Money and Finance (co-authored with Manuel Pastor, 2015). Prof. Wise is the 2015 recipient of the Fulbright-Masaryk University Distinguished Chair Grant, Czech Republic.

Research Keywords

International political economy, international development, trade integration, financial politics, Asia, China, Latin America, emerging markets, Pacific Rim

Research Specialties

International political economy; institutional reform; international development; Latin American politics and economics; Interdevelopment; China-Latin American relations

Funded Research

Contracts and Grants Awarded

The Security And Prosperity Partnership: Expanding The Boundaries (Canadian Consulate General), Wise, Carol, $10,143, 03/14/2008-04/30/2008  
CHINA MEXICO AND THE COMPETITION FOR U.S. MARKET SHARE: (Haynes Foundation), Carol Wise, $10,000, 03/01/2006-06/30/2007  
China Mexico And The Competition For U.S. Market Share: Los Angeles as a Commercial Hub (Haynes (John Randolph and Dora) Foundation), Wise, Carol, $11,500, 03/01/2006-06/30/2007  
SKILLS DISTRIBUTION AND THE NEW CONTINENTAL DIVIDE: THE MEXICAN (Department of Education), D.T. Manahan, Carol Wise, $47,285, 07/01/2004-12/31/2005  

USC Funding

Facutly Research Award, USC US-China Institute. China and the Twilight of North American Integration: This project analyzes the huge change in China's economic relationship with North America. My hypothesis is that a North American strategy toward China would accomplish important US policy goals., $2,900, 2008-2009   
Future Fuels & Energy Initiative, USC Provost's Office. "Transitioning to a New Energy Fuel Paradigm: The : A study of the role that NGOs have played in upholding environmental standards on the part of the 6-company consortium that is developing natural gas in the Peruvian Amazon., $5,000, 2006-2007   
CIBER-DOE Project, Marshall School of Business. CHINA’S GROWING ECONOMIC PRESENCE IN NORTH AMERICA: : Funding to support the creation of a database that documents the the trade and investment competition related to China's entry into the North American market., $2,500, 2006-2007   



Wise, C., Armijo, L., Katada, S. (2015). Unexpected Outcomes: How Emerging Economies Survived the Global Financial Crisis. Washington, DC: Brooking Institution Press.
Wise, C., Studer, I. (2007). Requiem or Revival? The Promise of North American Integration. Brookings Institution Press.
Wise, C. (2003). Reinventing the State: Economic Strategy and Institutional Change in Peru. Ann Arbor: University of Michigan Press.
Wise, C., Roett, R. (2003). Post-Stabilization Politics in Latin America: Competition, Transition, Collapse. Brookings Institution Press.

Book Chapter

Quiliconi, C., Wise, C. (2009). The US as a Bilateral Player: The Impetus for Asymmetric Free Trade Agreements. pp. 97-127. New York, NY: Palgrave MacMillan.
Wise, C. (2008). The US Competitive Liberalization Strategy: Canada's Policy Options. pp. pp. 225-247. Montreal and Kingston: McGill-Queen's University Press.
Wise, C. (2007). Energy Cooperation in the Western Hemisphere: Peru. Washington, DC: Center for Strategic and International Studies.

Journal Article

Pastor, M., Wise, C. (2015). Journal of International Money and Finance. Elsvier. Vol. 52, pp. 200-2017.
Wise, C. (2008). The North American Free Trade Agreement. New Political Economy. Vol. 14, pp. 135-149.
Wise, C., Quiliconi, C. (2007). China’s Surge in Latin American Markets: Policy Challenges and Responses. Politics and Policy. Vol. 35, pp. 410-438.
Wise, C., Pastor, M. (2005). The Lost Sexenio: Vicente Fox and the New Politics of Economic Reform in Mexico. Latin American Politics and Society. Vol. 44, pp. 135-160.
Wise, C., Cameron, M. (2004). The Political Impact of NAFTA on Mexico: Reflections on the Political Economy of Democratization. Canadian Journal of Political Science. Vol. 37, pp. 301-323.
Wise, C., Pastor, M. (2001). Argentina: From Poster Child to Basket Case. Foreign Affairs/Council on Foreign Relations. Vol. 80, pp. 60-72.
Wise, C. (1999). Latin American Trade Strategy at Century's End. Business and Politics. Vol. 1, pp. 2-46.
Wise, C., Pastor, M. (1999). Stabilization and Its Discontents: Argentina's Economic Restructuring in the 1990's. World Development. Vol. 27, pp. 477-503.
Wise, C., Brysk, A. (1997). Liberalization and Ethnic Conflict in Latin America. Comparative International Development. Vol. 32, pp. 76-104.
Wise, C., Pastor, M. (1997). State Policy, Distribution, and Neoliberal Reform in Mexico. Journal of Latin American Studies. Vol. 29, pp. 419-456.
Wise, C., Pastor, M. (1994). The Origins and Sustainability of Mexico's Free Trade Policy. International Organization. Vol. 48, pp. 459-489.
Wise, C. (1994). The Politics of Peruvian Economic Reform. Journal of Interamerican Studies and World Affairs. Vol. 36, pp. 75-125.
Wise, C., Pastor, M. (1992). Peruvian Economic Policy in the 1980s: From Orthodoxy to Heterodoxy and Back. Latin American Research Review. Vol. 27, pp. 83-117.
Wise, C., Wilson, P. (1986). The Regional Implications of Public Investment in Peru. Latin American Research Review. Vol. 21, pp. 93-116.

Honors and Awards

Advancing Scholarship in the Humanities and Social Sciences, USC Faculty Award to support completion of a book manuscript on "China, Latin America, and the End of Neoliberalism.", 2010-2011   
Senior Fulbright Specialist Lecturer, Universidad del Pacifico, Lima, Peru, Spring 2011   
Center for International Business Education Research (CIBER)-U.S. Department of Education Award, USC Marshall School of Business, for the promotion of scholarship on China-US-Latin American economic relations, 2006-2010  
Visiting Scholar, Center for US-Mexico Studies, U.C. San Diego, Spring 2009   
USC U.S. China Institute Summer Travel Grant, 2007-2008   
Faculty Fellowship Research Grant, Earhart Foundation (Ann Arbor, Michigan), “China’s Growing Economic Presence in North America: Risks, Opportunities, & Strategic Options.”, 2006-2007  
Faculty Fellowship, John Randolph Haynes and Dora Haynes Foundation of Los Angeles, “China, Mexico, & Competition for the U.S. Market: Los Angeles as a Commercial Hub.”, 2006-2007  
Future Fuels & Energy Initiative, USC Provost’s Office, “Transitioning to a New Energy Fuel Paradigm: The Development, Adaptation, and Export of Natural Gas from the Andean Region.”, 2006-2007  
Fulbright Award, Senior Fulbright Specialist, Beirut, Lebanon. Six weeks of collaboration with the College of Letters and Arts at Lebanon American University, toward the goal of introducing a teaching and research module on Latin American Studies., 2006  
Public Policy Scholar, North American Studies, Woodrow Wilson International Center for Scholars, Washington, DC., 2006  
USC Zumberge Research and Innovation Fund Award, James H. Zumberge USC Faculty Research & Innovation Fund Award., 2004-2006  
Fulbright Award, Carleton University Fulbright Chair in North American Studies, Ottawa, Canada., 2005  
Fulbright Award, Garcia-Robles Senior Fulbright Faculty Award, Universidad de las Americas, Puebla, Mexico., 2005  
Fulbright Award, 2004-2005  
Faculty Enrichment Grant, Canadian Embassy of Washington, DC, 1999-2002  
Rockefeller Fellowship Recipient, Bellagio Center Fellow-in-Residence, Rockefeller Foundation, 2001  
Rockefeller Fellowship Recipient, Rockefeller Foundation Faculty Fellow, University of Cape Town, Centre for African Studies, South Africa, 1999  
Fellowship for Studies in International Economic Conflict, U.S. Institute of Peace, Washington, DC, 1996-1998  
Fulbright Award, American Area Republics Program, 1996  
Residency at the Woodrow Wilson Center for Scholars, Guest Scholar, Woodrow Wilson International Center for Scholars, Washington, DC, 1994  
John D. and Catherine T. MacArthur Fellowship in Peace and International Cooperation, 1992-1993  

Service to the Profession

Conferences Organized

Organizer, Post-NAFTA Security Concerns, University of the Americas, Puebla, Mexico, A daylong event that identified the environment, immigration, and energy as the new security issue in the post-NAFTA era, 2006-2007   

Professional Offices

Executive Board Member, Association of Canadian Studies in the U.S., 2007-2008   

Professional Memberships

Council on Foreign Relations, 09/2002-  
Pacific Council for International Policy, 09/2002-  
Association of Canadian Studies in the U.S., 09/2000-  
International Studies Association, 06/1996-  
Latin American Studies Association, 01/1985-  

Media, Alumni, and Community Relations

Fox News interview about the languishing US-Colombia Free Trade Agreement, 2008-2009   
PBS-Worldfocus interview about the escalation of drug-related violence in Northern Mexico, 2008-2009   
Regular Spanish Language Commentator on Latin American Economic News, NBC/Telemundo, 2008-2009   
Washington Post interview on the currency turmoil in Latin American markets, 2008-2009   
Faculty may update their profile by visiting