The Three Fields Of Global Political Economy

The Three Fields of Global Political Economy provides a systematic and future-oriented account of global political economy dynamics since the Industrial Revolution and argues that major changes and conflicting processes can be understood through the concept of these three fields. The first field is constituted by the circuit of capital and is characterised by a tendency towards economic liberalism. The second field is brought about by reactions to, and learning from, cycles and crises and various negative experiences. The third field is the field of reason of state. It is evoked by struggles within and among states and has its own inner generative structures. This book analyses the generic dynamics of these three fields of global political economy and explores their most significant causal effects, such as growth, employment, distribution of income and wealth, wars, and ecological effects. Together, the prevailing three fields, as well as the ideas and causal forces which generate them, constitute the "holomovement" of the global political economy. This book will appeal to advanced students and scholars of global studies, international relations, international political economy, economic theory, and governance, as well as those working in social theory and sociology, and to a broader audience interested in socioeconomics.

What are the cutting edge debates in global political economy? This book presents an invaluable overview of all the major contemporary debates and approaches at the forefront of European and North American global political economy. The book covers the following topics: * the six central concepts of global political economy: state, firm, capital, power, labour and globalisation * theories at the frorefront of GPE: rational choice, neo-institutionalism, neo-Marxism, constructivism and postmodernity * recent developments in theoretical approaches such as game theory, modern rational and public choice theory, development theory, historical sociology * how global political economy is best understood in terms of three traditions of political economy: Marxism, rationalism and hermeneutics/institutionalism No other book provides such succinct summaries, by international experts in the field, of such topical and wide-ranging issues. This book represents an essential textbook, ideal for students and lecturers in International Political Economy and International Relations.

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.

Praised for its authoritative coverage, Global Political Economy places the study of international political economy (IPE) in its broadest theoretical contextnow updated to cover the continuing global economic crisis and regional relationships and impacts. This text not only helps students understand the fundamentals of how the global economy works but also encourages them to use theory to more fully grasp the connections between key issue areas like trade and development. Written by a leading IPE scholar, this text equally emphasizes theory and practice to provide a framework for analyzing current events and long-term developments in the global economy. New to the Seventh Edition Focuses on the ongoing global economic crisis and the continuing European sovereign debt crisis, along with other regional economic issues, including their implications for relationships in the global economy. Offers fuller and updated discussions of critical perspectives like feminism and environmentalism, and includes new material differentiating among the terms neomercantilism, realism, mercantilism, and economic nationalism. Updated, author-written Test Bank is provided to professors as an e-Resource on the book’s Webpage.

Praised for its authoritative coverage of theory and history,Global Political Economyplaces the study of IPE in the broadest global context. Written by one of the field’s leading scholars, this text helps students understand the fundamental importance of international political economy and make sense of current events in the global economy. Its three areas of focus-globalization, North-North relations, and North-South relations-encourage students to connect theory and history with practice, explore domestic and international economic interactions, and examine the critical relationship between economic and security issues.

Ideally suited to upper-undergraduate and graduate students, Analyzing the Global Political Economy critically assesses the convergence between IPE, comparative political economy, and economics. Andrew Walter and Gautam Sen show that a careful engagement with economics is essential for understanding both contemporary IPE and for analyzing the global political economy. The authors also argue that the deployment of more advanced economic theories should not detract from the continuing importance for IPE of key concepts from political science and international relations. IPE students with little or no background in economics will therefore find this book useful, and economics students interested in political economy will be alerted to the comparative strengths of political science and other social science disciplines. A concise look at the foundations of analysis in the political economy of global trade, money, finance, and investment Suitable for upper-undergraduate and graduate students with some or no economic background Techniques and findings from a range of academic disciplines, including international relations, political science, economics, sociology, and history Further reading and useful weblinks including a range of relevant data sources, listed in each chapter

"As an introductory text, The Global Political Economy has much to offer. It presents theoretical material clearly and concisely, offers an up-to-date review of the academic literature, and reviews a wide range of issues current in policy circles."--Thomas Ilgen, Pitzer College, Perspective.

Rethinking Global Political Economy contains incisive analysis of history, linguistics, class, culture, empirical data and normative concerns. This important volume presents innovative approaches to fundamental issues in global political economy. Together they provide multiple arguments and avenues for rethinking global political economy in a time of turmoil and system transformation. It will appeal to those interested in seeing new perspectives and healthy heterodoxy in the study of political economy.