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This collection of seminal readings in international political economy charts the historical and theoretical evolution of the field from the seventeenth century to the present day. Bringing together classic works and leading contemporary arguments, this book outlines the development of three schools of IPE thought - Economic Nationalism, Liberalism and Marxism - while also including theoretical perspectives beyond the dominant traditions. The third edition not only retains but increases the number of classic works from the previous editions while also updating the reader with contemporary writings reflecting the most important recent theoretical developments in the field. It also incorporates new theoretical terrains with sections on feminist and Green IPE, as well as a wholly new introduction. Readings include works by Thomas Mun, Adam Smith, David Ricardo, John Stuart Mill, Alexander Hamilton, Friedrich List, Karl Marx, Friedrich Engels, V. I. Lenin, Karl Kautsky, Robert Keohane, Andrew Moravcsik, Robert Wade, Benjamin Cohen, Robert W. Cox, Giovanni Arrighi, Roland Vaubel, Ronald Rogowski, Michael Hardt, Antonio Negri, Marieke de Goede, Ann Tickner, Spike Peterson, Eric Helleiner and Alf Hornborg. Providing many of the most frequently cited IPE references in a single volume, the third edition of The Theoretical Evolution of International Political Economy continues to be an essential resource for students of both international relations and international economics.
Twenty-three seminal readings in international political economy chart the historical and theoretical evolution of the field from the eighteenth century to the present day. Bringing together classic works and leading contemporary arguments, this text outlines the development of three schools of IPE thought--Liberalism, Marxism, and Realism--and also includes recent syntheses of these approaches to show how conventional theoretical categories are giving way to more eclectic conceptual schemes.
Provides a stimulating and substantive intellectual history of social science and development theories, helping towards an understanding of development theory and development problems in the three worlds. Describes early, primarily European, theories on development and how they were enriched, challenged and transformed in response to Third World realities. It moves on to discuss how this body of theory, Marxist and non-Marxist, has become increasingly relevant for understanding structural development problems, which are occurring in the rich world, and the relationships between development theory and the mainstream social sciences.
This text offers a rethinking of the field of international political economy in an era of growing but uneven globalization. Even as global integration advances, states play central roles as partners with the largest of global firms, as the catalysts of competitiveness and economic growth, as the creators of global institutions, and in promoting and responding to global interdependence. Indeed, the struggle for power and wealth within and among states underscores the primacy of politics in understanding current realities. At the same time, new issues and actors complicate the global agenda as it expands to address the environment, global health, and food security. By offering a clear explanation of basic concepts, contextualizing the presentation of theoretical debates, and placing current events in historical context, International Political Economy ensures students a deep understanding of how the global economy works and the ways in which globalization affects their lives and those of people around the world. Key Content and Features Engages debates over the reach and significance of globalization. Examines the sources and consequences of global financial instability. Explores the origins and consequences of global inequality. Compares various strategies of development and state roles in competitiveness. Discusses the role of key international economic institutions. Considers the impact of the rise of China on the global economy and the potential for war and peace. Illustrates collective efforts to fight hunger, disease, and environmental threats. Includes numerous graphs and illustrations throughout and end of chapter discussion questions. Links key concepts for each chapter to a glossary at the end of the book. Provides a list of acronyms at the outset and annotated further readings at the end of each chapter. Offers additional resources on a web site related to the text, including a list of links to IPE-related web pages.
After the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented institutional framework. By the 1980s many contended that these institutions--the General Agreement on Tariffs and Trade (now the World Trade Organization), the World Bank, and the International Monetary Fund--were threatened by growing economic nationalism in the United States, as demonstrated by increased trade protection and growing budget deficits. In this book, Robert Gilpin argues that American power had been essential for establishing these institutions, and waning American support threatened the basis of postwar cooperation and the great prosperity of the period. For Gilpin, a great power such as the United States is essential to fostering international cooperation. Exploring the relationship between politics and economics first highlighted by Adam Smith, Karl Marx, and other thinkers of the eighteenth and nineteenth centuries, Gilpin demonstrated the close ties between politics and economics in international relations, outlining the key role played by the creative use of power in the support of an institutional framework that created a world economy. Gilpin's exposition of the in.uence of politics on the international economy was a model of clarity, making the book the centerpiece of many courses in international political economy. At the beginning of the twenty-first century, when American support for international cooperation is once again in question, Gilpin's warnings about the risks of American unilateralism sound ever clearer.
A collection of classic and key contemporary contributions to the political economy of global economics. The first of the four volumes concentrates on theory, encompassing the full range of conceptual and analytical perspectives that characterize this diverse field of study. The second and third volumes address core structural elements of the world economy while a variety of contemporary policy challenges is taken up in the fourth volume, including problems of economic development, security and conflict, and the environment. With a comprehensive introduction newly written by the editor, which places the collected material in its historical and intellectual context, International Political Economy is an essential work of reference
INTERNATIONAL POLITICAL ECONOMY focuses on the dynamics of conflict and cooperation among nations as each pursues power and wealth through international economic exchange. The authors provide a historical and topical overview of the development of the world economy from 1815 to the present, helping students understand how and why major economic powers rise and fall. This balanced blend of history, theory, and policy makes the book suitable as a main text for International Political Economy courses or as a supplemental text for an Introductory International Relations course.
Known for its clarity, comprehensiveness, and balance, the latest edition of A History of Economic Theory and Method continues that tradition of excellence. Ekelund and Hébert’s survey provides historical and international contexts for how economic models have served social needs throughout the centuries—beginning with the ancient Greeks through the present time. The authors not only trace ideas that have persisted but skillfully demonstrate that past, discredited ideas also have a way of spawning critical thinking and encouraging new directions in economic analysis. Coverage that distinguishes the Sixth Edition from its predecessors includes a detailed analysis of economic solutions by John Stuart Mill and Edwin Chadwick to problems raised by the Industrial Revolution; the role of psychology and “experiments” in understanding demand and consumer behavior; discussions of modern economic theory as it interrelates with other social sciences; and a close look at the historical development of the critical role of entrepreneurship, both in its productive and unproductive variants. The authors’ creative approach gives readers a feel for the thought processes of the great minds in economics and underscores key ideas impacting contemporary thought and practice. Well-crafted discussions are further enriched by absorbing examples and figures. Thorough suggested reading lists give options for more in-depth explorations by interested readers.