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Global Political Economy

by: Cohn, Theodore H.

Global Political Economy

by: Cohn, Theodore H.

ISBN 13:
9780205742349
ISBN 10:
0205742343
Edition: 5th
Format: Paperback
Copyright: 01/01/2010
Publisher: Longman
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Summary

Praised for its authoritative coverage,Global Political Economyplaces the study of IPE in its broadest theoretical context. 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,Global Political Economyequally emphasizes theory and practice to provide a framework for analyzing current events and long-term developments in the global economy.

Preface	p. xi
Acronyms and Abbreviations	p. xvii
Introduction and Overview	p. 1
Introduction	p. 2
What is International Political Economy?	p. 2
The IPE Theoretical Perspectives	p. 4
Purposes and Themes of this Book	p. 5
Focus of this Book	p. 11
Questions	p. 13
Further Reading	p. 13
Notes	p. 14
Managing the Global Economy Since World War II: The Institutional Framework	p. 17
Global Economic Relations Before World War II	p. 18
The Functions of the IMF, World Bank, and GATT	p. 22
International Economic Organizations and the United Nations	p. 23
Postwar Economic Institutions and the North	p. 23
Postwar Economic Institutions and the South	p. 31
Postwar Economic Institutions and the Centrally Planned Economies	p. 38
Nonstate Actors	p. 42
Conclusion	p. 43
Questions	p. 44
Further Reading	p. 45
Notes	p. 45
Theoretical Perspectives	p. 51
The Realist Perspective	p. 55
Basic Tenets of the Realist Perspective	p. 56
The Mercantilists	p. 58
Realism and the Industrial Revolution	p. 58
Realism in the Interwar Period	p. 59
Realism after World War II	p. 60
The Revival of Realist IPE	p. 60
Hegemonic Stability Theory and Debates over U.S. Hegemony	p. 61
Realism and North-South Relations	p. 68
Critique of the Realist Perspective	p. 69
Questions	p. 70
Further Reading	p. 71
Notes	p. 71
The Liberal Perspective	p. 77
Basic Tenets of the Liberal Perspective	p. 77
Orthodox Liberalism	p. 80
The Influence of John Maynard Keynes	p. 81
Liberalism in the Postwar Period	p. 82
A Return to Orthodox Liberalism	p. 82
Liberalism and Institutions	p. 84
Liberalism, Global Governance, and Regimes	p. 89
Liberalism and Domestic-International Interactions	p. 90
Liberalism and North-South Relations	p. 92
Critique of the Liberal Perspective	p. 94
Questions	p. 96
Further Reading	p. 96
Notes	p. 97
Critical Perspectives	p. 103
Basic Tenets of Historical Materialism	p. 103
Early Forms of Historical Materialism	p. 106
Whither the Historical Materialist Perspective?	p. 110
Constructivism	p. 114
Feminism	p. 116
Environmentalism	p. 118
Critique of the Critical Perspective	p. 121
Questions	p. 123
Further Reading	p. 123
Notes	p. 124
The Issue Areas	p. 130
International Monetary Relations	p. 131
The Balance of Payments	p. 132
Government Response to a Balance-of-Payments Deficit	p. 134
The Functions and Valuation of Money	p. 138
International Monetary Relations Before Bretton Woods	p. 138
The Formation of the Bretton Woods Monetary Regime	p. 140
The International Monetary Fund	p. 141
The Functioning of the Bretton Woods Monetary Regime	p. 142
The Regime of Floating (or Flexible) Exchange Rates	p. 148
Alternatives to the Current Monetary Regime	p. 150
European Monetary Relations	p. 151
What is the Likely Future of the U.S. Dollar as the Key Currency?	p. 153
Sovereign Wealth Funds	p. 157
Considering IPE Theory and Practice	p. 158
Questions	p. 160
Further Reading	p. 161
Notes	p. 162
Global Trade Relations	p. 167
Trade Theory	p. 168
Global Trade Relations Before World War II	p. 172
GATT and the Postwar Global Trade Regime	p. 173
Principles of the Global Trade Regime	p. 174
Formation of the WTO	p. 180
The WTO and the Global Trade Regime	p. 184
The South and Global Trade Issues	p. 185
The Transition Economies and Global Trade Relations	p. 190
Civil Society and Global Trade Relations	p. 195
Trade and the Environment	p. 196
Considering IPE Theory and Practice	p. 199
Questions	p. 201
Further Reading	p. 201
Notes	p. 202
Regionalism and the Global Trade Regime	p. 209
Regionalism and the IPE Theoretical Perspectives	p. 211
Regionalism and Globalization	p. 212
A Historical Overview of RTAs	p. 213
Explanations for the Rise of Regional Integration	p. 214
The GATT/WTO and RTAs	p. 218
The European Union	p. 222
The North American Free Trade Agreement	p. 229
Mercosur	p. 234
East Asian Regionalism	p. 236
Considering IPE Theory and Practice	p. 239
Questions	p. 241
Further Reading	p. 242
Notes	p. 242
Multinational Corporations and Global Production	p. 250
Definitions and Terminology	p. 251
Why do Firms Become MNCs?	p. 252
The Historical Development of FDI	p. 254
MNC-Host Country Relations: Determinants and Effects of FDI	p. 262
Host Country Policies Toward MNCs	p. 265
MNC-Home Country Relations	p. 269
A Regime for FDI: What is to be Regulated?	p. 276
Bilateral Investment Treaties	p. 277
United Nations	p. 278
Regional Approaches: The EU and NAFTA	p. 279
The GATT/WTO to the OECD and Back to the WTO	p. 281
Private Actors	p. 283
Considering IPE Theory and Practice	p. 284
Questions	p. 287
Further Reading	p. 287
Notes	p. 288
International Development	p. 296
IPE Perspectives and North-South Relations	p. 298
Official Development Assistance	p. 299
The World Bank Group	p. 303
LDC Development Strategies	p. 308
Import Substitution Industrialization	p. 309
Socialist Development Strategies	p. 312
Export-Led Growth	p. 313
The Revival of Orthodox Liberalism	p. 319
Another Shift in Development Strategy?	p. 324
Considering IPE Theory and Practice	p. 330
Questions	p. 332
Further Reading	p. 333
Notes	p. 334
Foreign Debt and Financial Crises	p. 341
What is a Debt Crisis?	p. 341
The Origins of the 1980s Debt Crisis	p. 343
The Foreign Debt Regime	p. 348
Strategies to Deal with the 1980s Debt Crisis	p. 355
Transition Economies and Foreign Debt	p. 363
The IMF, World Bank, and the Debt Crisis	p. 365
The 1990s Financial Crisis	p. 367
The Global Financial Crisis-2008 to?	p. 371
Considering IPE Theory and Practice	p. 373
Questions	p. 375
Further Reading	p. 375
Notes	p. 376
Concluding Comments	p. 382
Current Trends in the Global Political Economy	p. 383
Globalization	p. 383
North-North Relations	p. 394
North-South Relations	p. 400
A Final Word on IPE Theory and Practice	p. 404
Notes	p. 405
Glossary	p. 409
Index	p. 419
Table of Contents provided by Ingram. All Rights Reserved.

Amazon no longer offers textbook rentals. We do!

Global Political Economy

Global Political Economy

9780205742349

0205742343

Summary

Table of Contents

Supplemental Materials

Write a Review

Amazon no longer offers textbook rentals. We do!

Global Political Economy

Global Political Economy

9780205742349

0205742343

Summary

Table of Contents

Supplemental Materials

Write a Review

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