The International Political Economy Yearbook will be published annually under the sponsorship of the International Political Economy Section of the International Studies Association at the Department of Political Science, Brigham Young University. The intent of the series is to describe and explain the structure and the dynamic operation of the international political economy and to explore their political, social, and economic impact on different countries, be they advanced market economies, newly industrializing countries, or underdeveloped countries. This first volume is an overview of the policy and research field of international political economy studies. It explores what international political economy is; what approaches and theories might broaden and deepen our understanding of the phenomena addressed; what perspectives seem inappropriate or misdirected; and why neither international relations scholars nor mainstream economists can any longer claim status as senior partners in the community of scholars and policymakers interested in these issues. It also addresses major policy problems confronting both advanced and developing countries, including commodity trade, foreign investment, regulation of multinational corporations, food shortages and other development problems, industrial crises in the United States and Europe, international debt, and the increased role of the state in different economies.
Introduction: An International Political Economy Policy and Research Agenda -- The State of the Art -- International Political Economy: The Story So Far and the Way Ahead -- International Political Economy Research: What Is It and Where Do We Turn for Concepts and Theory? -- Interpreting Continuity and Change in the International Political Economy -- Historical Development of the International Political Economy -- The Formation and Transformation of States -- Class Analysis of International Relations -- Policy -- Muddling Through the Debt Decade -- Industrial Crises and U.S. Public Policy: Patterns in the Steel, Automobile, and Semiconductor Experiences -- The Several Faces of the Multinational Corporation: Political Reaction and Policy Response -- The Third World and the Management of International Commodity Trade: Accord and Discord -- The Current View on Rural Development: Fad or Breakthrough in Latin America?