Global Political Economy: Theory and Practice, 8th Edition (Paperback) book cover

Global Political Economy

Theory and Practice, 8th Edition

By Theodore H. Cohn, Anil (Andy) Hira


572 pages | 33 B/W Illus.

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Paperback: 9780367512507
pub: 2020-09-01
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Praised for its authoritative coverage, Global Political Economy places the study of IPE in broad theoretical context and has been updated to cover the rise of populism, Brexit, the USMCA, US-China trade wars, tariffs, refugees and global migration, the Keynesian-monetarist debate, Fordism, automation, the "gig" economy, global value chains, climate change, cryptocurrencies, and the residual effects of global economic crises 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 leading IPE scholar Theodore Cohn, now joined by his prolific colleague Andy Hira, this book equally emphasizes theory and practice to provide a framework for analyzing current events and long-term developments in the global economy. This text is suitable for both introductory and advanced IPE courses.


New to the 8th Edition

  • Expands upon the growing US-China competition in many areas of the global political economy.
  • Discusses the problems Brexit is posing for Britain and the European Union (EU).
  • Explores the growth of populism.
  • Focuses more on environmental degradation/climate change along with the increase in global migration.
  • Incorporates a new theme of South-South global economic relations.
  • Highlights the relationship among economics, geopolitics, and security issues.
  • Emphasizes the importance of global value chains.
  • Updates and expands the number of tables, figures, and graphics throughout.
  • Provides an updated Test Bank and new PowerPoint slides in an Instructor’s e-Resource.

Table of Contents

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

About the Authors

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

Anil (Andy) Hira is Professor of Political Science at Simon Fraser University.

Subject Categories

BISAC Subject Codes/Headings:
POLITICAL SCIENCE / International Relations / General
POLITICAL SCIENCE / Economic Conditions
POLITICAL SCIENCE / Public Policy / Economic Policy
POLITICAL SCIENCE / Government / International