This text offers a rethinking of the field of international political economy in an era of growing but uneven globalization. Even as global integration advances, states play central roles as partners with the largest of global firms, as the catalysts of competitiveness and economic growth, as the creators of global institutions, and in promoting and responding to global interdependence. Indeed, the struggle for power and wealth within and among states underscores the primacy of politics in understanding current realities. At the same time, new issues and actors complicate the global agenda as it expands to address the environment, global health, and food security. By offering a clear explanation of basic concepts, contextualizing the presentation of theoretical debates, and placing current events in historical context, International Political Economy ensures students a deep understanding of how the global economy works and the ways in which globalization affects their lives and those of people around the world.
Part I: Politics and Economics
1. International Political Economy
2. Basic Concepts for International Political Economy
3. Globalization and Governance
4. The Political Origins of a Global Economy: Power and Markets
Part II: Contemporary Globalization
5. The Political Economy of Global Production and Exchange
6. Wealth, Poverty, and Inequality
7. The Political Economy of Global Finance: States, Firms, and Markets
8. States and the Dynamics of Global Economic Competition
9. Power, Wealth, and Interdependence in an Era of Advanced Globalization
Part III: Sustainability
10. Population, Hunger, Food, and Health
11. Sustainability and the Environment
12. Conclusion: The International Political Economy of Globalization
