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Abstract
The second edition of International Political Economy continues to be the perfect short introduction to the fundamental theories and issues of international political economy (IPE)Compares, contrasts, and critiques the different approaches in the context of major global issues such as financial crises, free vs. fair trade, ecological degradation, growing inequality, gender, globalization, and multinational corporations; Contains 30 original figures and tables, review questions at the end of each chapter, and a detailed glossary to enhance student learning;Explains key economic concepts such as financial markets, banking systems, monetary policy, foreign exchange, Keynesian economics, fiscal policy, comparative advantage, value theory, money, role of corporations, and ecological economics as well as their relationship to political concepts such as international regimes and governance;Having emerged from both the classical and modern schools of political economy, the book's unique structure is organized around the threefold world view classification of IPE that the author labels as free-market, institutionalist, and Marxist. Responds to the call from eminent IPE specialists Robert Keohane and Benjamin Cohen for textbooks that take a pluralistic approach.The book:This thoroughly updated second edition is essential reading for students of international political economy, economics, political science and global governance.Written in a concise, accessible style by an experienced teacher and scholar, it combines theoretical perspectives, real-world examples, and comparative policy analysis. The text offers students an in-depth, balanced understanding of the contrasting core perspectives in IPE, allowing them to critically evaluate and independently analyze major political-economic events.
Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of illustrations -- Preface for students -- Preface for instructors -- Acknowledgments -- List of acronyms -- 1. The field of study known as "IPE" -- Historical creation of the global political economy -- Classical political economy -- The global political economy in the twentieth century and beyond -- Modern international political economy -- World view -- Plan of the book -- Review questions -- Bibliography -- 2. The market model and world view -- The seven premises of the market model -- 1 Free, rational individuals -- 2 Decision-making via aggregation of individual choices -- 3 Monetization -- 4 Material gain -- 5 Mobility -- 6 Competition -- 7 Government support -- Internal interactions of the market model -- Roles -- Market model diagram -- Supply-demand relationships -- Economic growth and capital investment -- Market totals -- Logical consequences of the market model -- Full utilization of all resources and products -- Tendency to eliminate profit -- Optimum allocation of resources -- Answers to basic economic questions -- Production -- Distribution -- Concluding observations -- Review questions -- Bibliography -- 3. Market world view applications -- National income and product accounts -- International trade and the market -- Balance of payments -- Foreign exchange -- The gold standard -- Monetary policy -- Instruments of monetary policy -- Third world debt crisis (1980s) -- Asian financial crisis (1990s) -- The financial crisis of 2007-2009 -- The financial crisis fallout in Europe -- The Keynesian revision and fiscal policy -- Keynes and global governance -- Global connections -- Review questions -- Bibliography -- 4. The multi-centric organizational (MCO) model and world view (the institutionalist perspective).
Zugriffsoptionen:
Die folgenden Links führen aus den jeweiligen lokalen Bibliotheken zum Volltext:
The field of study known as "IPE" -- The market model and world view -- Market world view applications -- The multi-centric organizational (mco) model and world view -- Critical applications of the mco or institutionalist world view -- The classical marxist model and world view -- Contemporary applications of marxist analysis -- Summation and review -- Review questions -- Bibliography -- Glossary of concepts -- Index
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