Global Political Economy : Theory and Practice (International Student Edition) book cover
7th Edition

Global Political Economy
Theory and Practice (International Student Edition)

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ISBN 9781138090996
Published May 15, 2017 by Routledge
448 Pages 7 B/W Illustrations

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Book Description

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.

Table of Contents

Preface  Acronyms and Abbreviations  Part I. Introduction and Overview  1. Introduction  2. Managing the Global Economy Since World War II: The Institutional Framework  Part II. Theoretical Perspectives  3. Neomercantilism  4. Liberalism  5. Critical Perspectives  Part III. The Issue Areas  6. International Monetary Relations  7. Financial Crises  8. Global Trade Relations  9. Regionalism and the Global Trade Regime  10. Multinational Corporations and Global Production  11. International Development  Part IV. Concluding Comments  12. Current Trends in the Global Political Economy  Glossary

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Theodore H. Cohn is Professor Emeritus of Political Science at Simon Fraser University.



I have been using this wonderful text for the last few years for my upper division undergraduate course on Politics of the World Economy. This new edition brings all of the burning issues right up to date: the weight of China in the IPE, the immigration crisis in Africa and the Middle East, and the shift from multilateral to regional trade schemes. Global Political Economy gracefully weaves together theory and practice, and it strikes a perfect balance between institutions, interests and actors. I look forward to assigning this next edition.

-- Carol Wise, University of Southern California

With this new edition, Ted Cohn reaffirms his book's place among the very best texts available in the field of international political economy -- well organized, articulate, and certainly up to date. Students will find it both enlightening and refreshing.

-- Benjamin J. Cohen, University of California, Santa Barbara

Cohn continues to produce an excellent textbook; I wouldn’t think of using another. Among textbook authors, only Cohn consistently returns to the theories in each empirical chapter, driving home how the lenses we use shape our understanding of the global political economy.

-- Kathleen J. Hancock, Colorado School of Mines

The seventh edition of Global Political Economy: Theory and Practice is a fully updated, comprehensive textbook that builds on the strengths of the earlier editions but has been updated with a discussion of the ongoing global economic crisis. It contains both an excellent discussion of theoretical debates as well as the main issue areas. Issues are explained in plain language for an easy understanding for university students. This book is an excellent text for courses on international political economy and the like.

-- Amy Verdun, University of Victoria