International Political Economy: Interests and Institutions in the Global Economy
This exciting text provides students with a superior grounding in contemporary international political economy. It emphasizes current scholarship and provides the background in politics, economics, and history that students need to understand developments in the contemporary global economy. International Political Economy is based on the assumption that IPE is best understood as enduring political competition between the winners and losers generated by global economic exchange. The book develops this theme by examining the origins and nature of this competition. It explains that while global economic exchange raises social welfare, it also creates winners and losers who compete to influence government economic policy. It explains how political institutions--international and domestic--mediate this competition. Finally, it demonstrates how this political dynamic shapes the global economy. This Second Edition presents the material in a streamlined fashion that is accessible to students.
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International Political Economy
The WTO and the World Trade System
The Political Economy of International
34 other sections not shown
adopt advanced industrialized countries agreement agriculture American argued assets billion Bretton Woods system capital flows Chapter China competition consequences consumer costs coun created crisis currency current-account deficits debt decisions demand developing countries developing world dollar East Asian ernments European Union example exchange-rate exchange-rate policy exchange-rate stability exchange-rate system export-oriented exports factor fixed exchange rate floating exchange rates foreign direct investment foreign exchange market foreign firms foreign investment GATT global economy growth host country imbalances incentive income increase inflation institutions interest groups interest rates international trade Japan Japanese labor Latin America loans macroeconomic manufacturing ment MNC activities MNCs monetary policy negotiations nomic payments percent political postwar producers protection reduce reforms regulations restrictions role RTAs rules sector shift shirts strategy tariffs tion trade policy trade system U.S. government unemployment United wage workers World Bank world trade