This text offers a rethinking of the field of international political economy in an era of growing but uneven globalization. Even as global integration advances, states play central roles as partners with the largest of global firms, as the catalysts of competitiveness and economic growth, as the creators of global institutions, and in promoting and responding to global interdependence. Indeed, the struggle for power and wealth within and among states underscores the primacy of politics in understanding current realities. At the same time, new issues and actors complicate the global agenda as it expands to address the environment, global health, and food security. By offering a clear explanation of basic concepts, contextualizing the presentation of theoretical debates, and placing current events in historical context, International Political Economy ensures students a deep understanding of how the global economy works and the ways in which globalization affects their lives and those of people around the world.
Key Content and Features
- Engages debates over the reach and significance of globalization.
- Examines the sources and consequences of global financial instability.
- Explores the origins and consequences of global inequality.
- Compares various strategies of development and state roles in competitiveness.
- Discusses the role of key international economic institutions.
- Considers the impact of the rise of China on the global economy and the potential for war and peace.
- Illustrates collective efforts to fight hunger, disease, and environmental threats.
- Includes numerous graphs and illustrations throughout and end of chapter discussion questions.
- Links key concepts for each chapter to a glossary at the end of the book.
- Provides a list of acronyms at the outset and annotated further readings at the end of each chapter.
- Offers additional resources on a web site related to the text, including a list of links to IPE-related web pages.
Part I: Politics and Economics
1. International Political Economy
2. Basic Concepts for International Political Economy
3. Globalization and Governance
4. The Political Origins of a Global Economy: Power and Markets
Part II: Contemporary Globalization
5. The Political Economy of Global Production and Exchange
6. Wealth, Poverty, and Inequality
7. The Political Economy of Global Finance: States, Firms, and Markets
8. States and the Dynamics of Global Economic Competition
9. Power, Wealth, and Interdependence in an Era of Advanced Globalization
Part III: Sustainability
10. Population, Hunger, Food, and Health
11. Sustainability and the Environment
12. Conclusion: The International Political Economy of Globalization
Praise for International Political Economy
Lairson and Skidmore’s invaluable textbook captures the profound dynamism in the international political economy, provides a sophisticated synthesis of the intersection of politics and economics, and treats the student with respect even as it explains complicated issues or concepts. This new text incorporates the 2008 global fiscal crisis, the full emergence of China as a global power, and the ever-changing politics of global inequality, sustainable development, and environmental diplomacy. This book will be a welcome addition to the international political economy classroom!
Gregory White, Smith College
This book is by far the most comprehensive, insightful, and accessible introduction to the rapidly expanding field of international political economy. The authors expertly draw upon both theoretical perspectives and real-world experience to offer an analysis of global political economy that is unsurpassed by any other textbook.
Francis Adams, Old Dominion University
This is probably the best textbook treatment of the international political economy field, and ideal for courses on IPE or globalization. Lairson and Skidmore provide students with needed background in political science theory and the history of globalization; include an excellent discussion of economic concepts necessary to study the politics of trade, finance, and development; and then apply these concepts to the central questions of modern globalization.
Sean D. Ehrlich, Florida State University
Lairson and Skidmore offer a first-rate introduction to the study of international political economy that provides students with a wealth of perspective and information about the causes and consequences of globalization. Today’s students will be well-served to begin their analysis of the past, present, and future of global economic relations with this excellent text.
Orfeo Fioretos, Temple University