Governing the Global Economy explores the dynamic interaction between politics and economics, between states and markets and between international and domestic politics. The contributors study how the governance of the global economy is shaped by interaction between international institutions, domestic politics and multinational enterprises, from a wide range of theoretical perspectives and methods.
Presenting a fresh approach to the study of international political economy, this volume covers:
- the systemic characteristics of the liberal world order,
- the role of international institutions,
- domestic economic politics and policies
- the strategies and behaviour of multinational enterprises.
The volume also includes topical discussion of the challenges to the global economy from the recent financial crisis and analysis of economic politics, in particular the regions of Africa and Europe as well as the countries of Japan and South Korea.
With contributions from prominent scholars in political science, economics and business studies, who have all contributed greatly to advancing the study of political economy over the last decade, Governing the Global Economy aims to bridge the gap between undergraduate textbooks and advanced theory. It is essential reading for all students and scholars of international political economy and globalization.
Table of Contents
1. The Global Political Economy: International Institutions, States and MNEs Dag Harald Claes and Carl Henrik Knutsen 2. The Political Economy of an Integrated Europe: Toward an Analytic Eclecticism Peter J. Katzenstein and Rudra Sil Part 1: International Institutions and Global Economic Governance 3. The West and the Rest in Global Economic Institutions Robert O. Keohane and Arild Underdal 4. Free Markets for All: The Difficulties of Maintaining a Stable Liberal World Economy Georg Sørensen 5. A New Role for the OECD? The "Enhanced Engagement" Strategy towards Emerging Economies Morten Ougaard 6. Paved with Good Intentions: Global Financial Integration, the Eurozone, and the Hellish Road to the Fabled Gold Standard Geoffrey R.D. Underhill 7. Reining in the Market: Global Governance and the Regulation of OTC Derivates Eric Helleiner Part 1: Domestic institutions and policies in the Globalized Economy 8. The African Neopatrimonial State as a Global Prototype Daniel C. Bach 9. Are Good Policies Good Politics? Kalle Moene 10. Democracy and Economic Growth: A Changing Relationship? Carl Henrik Knutsen 11. FDI-Assisted Industrial Development and EU Enlargement Rajneesh Narula and Christian Bellak 12. Japan: Dealing with Global Forces – Multilateralism, Regionalism, Bilateralism T.J. Pempel 13. Industrial Policy in an Integrated World Economy: The South Korean Paradox Chung-in Moon and Dae-yeob Yoon Part 3: Corporate Strategies in the Globalized Economy 14. Crisis… what Crisis? Exploring Multinational Enterprises’ Responsiveness to the Financial Crisis Rob van Tulder 15. Non-Triad Multinational Enterprises and Global Economic Institutions Andreas Nölke 16. States and Firms in the International Oil Market Dag Harald
Dag Harald Claes is Professor in the Department of Political Science, University of Oslo, Norway.
Carl Henrik Knutsen is a PhD Fellow in the Department of Political Science, University of Oslo, Norway.