This comprehensive collection documents the major processes, performance, institutions, problems and policies associated with global political economy. For the first time in a single volume, the authors present a detailed analysis of the changing distribution and production of wealth throughout the world, different measures of performance, the glob

This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, researchers, and policymakers. The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy. Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals. Gilpin integrates economic and political analysis in his discussion of "global political economy." He employs the conventional theory of international trade, insights from the theory of industrial organization, and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.

Offering an accessible introduction to both the historical roots and the contemporary dynamics of today's world economy, this seventh edition equips students with the knowledge required to make sense of the fast-paced discipline of the global political economy. Illustrating the breadth of the subject, the authors show how the national and the international interact, while also placing an emphasis on the historical evolution of the world economy in order to appreciate the nuances of today's economy structures. It gives students a firm grounding in both traditional and critical theories of global political economy. Tracing the global economy from its early origins through each phase of a shifting world order, the book takes a non-Eurocentric approach, covering both traditional elements of the global economy (such as trade and finance) while also addressing important contemporary areas of concern, including social inequality, cryptocurrencies, populism and protectionism. Reflecting the latest empirical and scholarly developments, this new edition offers: -A new chapter on race in the global economy, in dialogue with the growing body of postcolonial literature in the field -A new chapter on health and the global economy, examining the interactions between the economy and health, and discussing the ongoing implications of COVID-19 -Analysis of key contemporary challenges including sustainable development, environmental concerns and security issues -Extensive companion website resources for lecturers and students, including multiple choice questions, mock essay questions and examples, flashcards and chapter-by-chapter PowerPoint slides. This authoritative and accessible guide to the global political economy is the ideal companion for students at undergraduate and postgraduate levels, taking politics, international relations, and related degrees.

Dealing with the central themes and issues of the subject, this text outlines the different theoretical approaches of the global political economy, as well as engaging key contemporary debates such as worldwide trade and production.

Praised for its authoritative coverage, Global Political Economy places the study of IPE in broad theoretical context and has been updated to cover the rise of populism, Brexit, the USMCA, US–China trade wars, tariffs, refugees and global migration, the Keynesian–monetarist debate, Fordism, automation, the "gig" economy, global value chains, climate change, cryptocurrencies, and the residual effects of global economic crises and regional relationships and impacts. Written by leading IPE scholar Theodore Cohn, now joined by his prolific colleague Andy Hira, this book equally emphasizes theory and practice to provide a framework for analyzing current events and long-term developments in the global economy. This text is suitable for both introductory and advanced IPE courses. New to the Eighth Edition Expands upon the growing US–China competition in many areas of the global political economy. Discusses the problems Brexit is posing for Britain and the European Union (EU). Explores the growth of populism. Focuses more on environmental degradation/climate change along with the increase in global migration. Incorporates a new theme of South–South global economic relations. Highlights the relationship among economics, geopolitics, and security issues. Emphasizes the importance of global value chains. Looks at the potential for future global financial crises. Updates and expands the number of tables, figures, and graphics throughout. Provides an updated Test Bank and new PowerPoint slides in an Instructor’s e-Resource.

Global Political Economy (GPE) is a broad and varied field of study and draws insight from a great number of fields and approaches. One of the serious problems confronting academics and students is the sheer mass of theories and debates in the field. This textbook provides up-to-date summaries of the debates and approaches that are currently at the forefront of both European and American GPE. This new revised and expanded second edition contains updated versions of most of the original chapters. In addition, there is a new section entitled ‘Emerging issues in contemporary Global Political Economy (GPE)’ and six new chapters. The second edition is structured around three themes: Part I focuses on the six central concepts of GPE: state, firm, power, labour, finance and globalization. Each one of them has been increasingly subjected to a rigorous and critical evaluation in recent scholarship. Part II covers a select number of theories and debates currently at the forefront of GPE: game theory; behavioural economics; neo-, sociological and evolutionary institutionalism; neo-Marxism; development and post-development; libidinal economies; and economic constructivism. Part III, which is new to this edition, is entitled ‘Emerging issues in contemporary Global Political Economy (GPE)’ and focuses on war, state and International Political Economy (IPE); race, gender and culture; environmental politics; and the rise of China. This is essential reading for all serious scholars and advanced students of IPE.

The 2008 financial crisis is arguably the most dramatic outcome of globalization. International economic integration, if unregulated, can bring about huge inequalities and the destruction of the environment. This thought provoking book illustrates why the ïoldÍ international order is unable to provide crucial global public goods such as monetary and financial stability in the fight against mass poverty and climate change. The expert authors provide an in-depth analysis of the causes of the financial crisis and the political economy measures required to build a safer and more stable international order. They show how the financial crisis is deeply rooted in the flaws of the dollar standard and explain why the dollar and globalization should be considered together to understand the present challenges. By way of conclusion, the authors propose the creation of a ïWorld Eco-Monetary UnionÍ with the power to regulate the global economy and to promote sustainable development. This new macroeconomic approach presented contributes to the development of a more comprehensive supranational political economy. As such, this challenging book will prove a stimulating read for academics, researchers and students with an interest in economics, heterodox economics, and international economics.

Centred around key topics and debates, Global Political Economy encourages students new to the field to explore its breadth and diversity, and understand how to approach and answer the big questions that matter today. Written by scholars from around the world, the textbook reflects the interdisciplinary nature of the field by addressing essential topics and themes, such as poverty, labour, migration, and the environment.Each chapter includes a unique 'Roundtable' feature, in which a diverse range of scholars consider a key question, introducing students to the dialogue between academics on core issues, and the interplay and value of different opinions, and perspectives. The 'Over to You' element invites the reader to consider the persuasiveness of the arguments, reflect upon their own perspective, and become an active participant in the debate. With a strong emphasis on 'globalising' the study of GPE, the textbook introduces to students the idea that it matters who is talking and writing, that there are different ways of seeing the world, and that bringing together different theoretical and methodological perspectives adds to the depth and richness of their understanding. Digital formats and resourcesGlobal Political Economy is available for students and institutions to purchase in a variety of formats, and is supported by a range of online resources. The e-book offers a mobile experience and convenient access: www.oxfordtextbooks.co.uk/ebooks

In his updated second edition, David Reisman examines the ideological and material underpinnings of the global mixed economy. Drawing upon current research in economics and international relations, Global Political Economy is an impartial and comprehensive analysis of the world order in an age of reappraisal and doubt.

Bringing together a number of interdisciplinary experts, Nation-States and Money provides a very topical, varied perspective on the past and possible future between money and nation-states.