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). 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. 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. The book: 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; 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; Contains 30
original figures and tables, review questions at the end of each
chapter, and a detailed glossary to enhance student learning;
Responds to the call from eminent IPE specialists Robert Keohane
and Benjamin Cohen for textbooks that take a pluralistic approach.
This thoroughly updated second edition is essential reading for
students of international political economy, economics, political
science and global governance.
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