Prior to the 1970s, few serious efforts were made to bridge the gap between economics and political science in the study of international relations. Systematic scholarly analysis of International Political Economy (IPE), emphasizing formal integration of elements of orthodox market and political analysis, is really of very recent origin. This volume brings together some of the most important research papers published in the modern field of IPE since its birth less than four decades ago, emphasizing work that has significantly advanced theoretical and analytical understandings. Coverage includes grand questions of systemic transformation and system governance as well as more narrowly focused explorations of the two most central issue-areas of the world economy, trade and money and finance. The introductory essay locates this selection of articles in the context of the field's broad evolution and development to date.
Contents: Series Preface; Introduction. Part I Modern Origins: International economics and international relations: a case of mutual neglect, Susan Strange; 3 models of the future, Robert Gilpin; International relations and domestics structures: foreign economic policies of advanced industrial states, Peter J. Katzenstein; The 2nd image reversed; the international sources of domestic politics, Peter Gourevitch. Part II Systemic Transformations: Transnational relations and world politics: an introduction, Joseph S. Nye Jr. and Robert O. Keohane; Social forces, states and world orders: beyond international relations theory, Robert W. Cox; International regimes, transactions, and change: embedded liberalism in the postwar economic order, John Gerrard Ruggie; The causes of globalization, Geoffrey Garrett. Part III System Governance :State power and the structure of international trade, Stephen D. Krasner; The demand for international regimes, Robert O. Keohane; The legalization of international monetary affairs, Beth A. Simmons; The optimal design of international trade institutions: uncertainty and escape, B. Peter Rosendorff and Helen V. Milner. Part IV International Trade: Political cleavages and changing exposure to trade, Ronald Rogowski; Ideas, institutions and American trade policy, Judith Goldstein; Free to trade: democracies, autocracies, and international trade negotiations, Edward D. Mansfield, Helen V. Milner and B. Peter Rosendorff; Power politics and international trade, Joanne Gowa and Edward D. Mansfield. Part V International Money and Finance: Capital mobility and state autonomy: toward a structural theory of international monetary relations, David M. Andrews; International and domestic constraints on political business cycles in OECD economies, William Roberts Clark and Usha Nair Reichart with Sandra Lynn Lomas and Kevin L. Parker; Invested interests: the politics of national economic policies in a world of global finance, Jeffrey A. Frieden; Democratic institutions and exchange-rate commitments, William Bernhard and David Leblang; Name index.