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Introduction to International Political Economy,9780130183491
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Introduction to International Political Economy

by ;
Edition:
2nd
ISBN13:

9780130183491

ISBN10:
0130183490
Format:
Paperback
Pub. Date:
1/1/2001
Publisher(s):
Prentice Hall
List Price: $66.33
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Summary

This comprehensive introduction to international political economy clearly shows how politics and economics come together in today's global environment. It demonstrates how an understanding of IPE can help make sense of global news, business investments, and government policies—by presenting the theories, institutions, and relationships found in IPE in simple ways that retain the complexity of the world issues and intellectual problems addressed. Chapter titles include Wealth and Power: Mercantilism and Economic Nationalism; “Laissez-Faire, Laissez-Passer:” The Liberal IPE Perspective; Marx, Lenin, and the Structuralist Perspective; International Trade; The International Monetary System; The Global Security Structure; Japan and the Developmental State; The IPE of OPEC and Oil; The IPE of Food and Hunger; and The Environment: the Green Side of IPE. A fundamental look at international relations, global events, and our everyday lives,—for anyone who wants to become a better citizen, and a more knowledgeable individual in the process.

Table of Contents

Preface xv
Part I Perspectives on International Political Economy 1(106)
What Is International Political Economy?
3(22)
Overview
3(2)
IPE in Theory and in Practice
5(3)
The IPE Approach to International Issues
8(3)
Box: Multidimensional Information Arbitrage
11(1)
Fundamental Elements of IPE
12(1)
Wealth and Power: The Tension Between States and Markets
13(2)
The Dynamic Nature of State-Market Interaction
15(1)
Dimensions of International Political Economy
16(5)
IPE in the Borderless World
21(1)
Discussion Questions
22(1)
Internet Links
22(1)
Suggested Readings
23(1)
Notes
23(2)
Wealth and Power: Mercantilism and Economic Nationalism
25(20)
Overview
25(1)
Mercantilism as History, Philosophy, and State Policy
26(2)
Mercantilism and Realism: Complementary Perspectives
28(1)
Economic Nationalism
29(2)
The Rise of Neomercantilism
31(3)
Box: Military versus Economic Security
34(2)
Japan: Benign or Malevolent Mercantilist?
36(1)
Box: Banana Wars
37(2)
Mercantilism as Economic Management: Statism
39(1)
Globalization and Defensive Mercantilism
39(1)
Box: Industrial Espionage
40(1)
Conclusion
41(1)
Discussion Questions
42(1)
Internet Links
42(1)
Suggested Readings
42(1)
Notes
43(2)
``Laissez-Faire, Laissez-Passer'': The Liberal IPE Perspective
45(22)
Overview
45(3)
Roots of the Liberal Perspective
48(1)
More Than Just Greed: The Politics of Liberalism
49(1)
The Liberal View of International Relations
50(2)
Box: Britain's Corn Laws
52(1)
J. S. Mill and the Evolution of the Liberal Perspective
53(1)
The War, Depression, and Mr. Keynes
54(2)
The Keynesian Compromise
56(1)
The Liberal View of Hegemony
57(1)
Box: Three Perspectives on Hegemony
58(2)
Conservatism: The Resurgence of Classical Liberalism
60(2)
Reagan, Thatcher, and the Neoconservatives
62(1)
Liberalism Today
63(1)
Discussion Questions
64(1)
Internet Links
65(1)
Suggested Readings
65(1)
Notes
65(2)
Marx, Lenin, and the Structuralist Perspective
67(20)
Overview
67(3)
Marx and History
70(1)
Marx and Class Struggle
71(1)
Marx and the Crisis of Capitalism
72(1)
Marx and Structuralism
73(1)
Box: Marx and Culture.
74(2)
Lenin and Imperialism
76(1)
Lenin and International Capitalism
77(1)
Other Aspects of the Structuralist Perspective
78(1)
Modern World System Theory
79(2)
Dependency Theory
81(1)
Structuralism in Perspective
82(1)
Box: Structuralism Today: The Manic Logic of Global Capitalism
83(2)
Discussion Questions
85(1)
Internet Links
85(1)
Suggested Readings
85(1)
Notes
85(2)
Critical Perspectives on International Political Economy
87(20)
Overview
87(2)
The Rational Choice Critique
89(4)
Box: Rent-Seeking in Mexico
93(1)
The Green Critique of IPE
94(3)
Box: Thinking Global and Acting Local on the Ganges River
97(1)
The Feminist Critique
98(2)
Box: Women and Development: Unexpected Consequences
100(1)
Postmodernism and IPE
101(3)
Conclusions
104(1)
Box: The Post-Modern State and the World Order
104(1)
Discussion Questions
105(1)
Internet Links
105(1)
Suggested Readings
105(1)
Notes
106(1)
Part II IPE Structures: Production, Finance, Security, and Knowledge 107(122)
International Trade
110(23)
Overview
110(2)
Three Perspectives on International Trade
112(3)
Box: The Vocabulary of International Trade Policy
115(1)
GATT and the Liberal Postwar Trade Structure
116(1)
Mercantilist Policies in a Liberal Trade System
117(2)
The Uruguay Round and the WTO
119(3)
North-South Trade Issues
122(2)
Regional Trade Blocs
124(1)
Trade as a Foreign Policy Tool
125(1)
Box: Cuba, Vietnam, and China: The Shifting Use of Trade Sanctions
126(4)
Conclusion: The Future of International Trade
130(1)
Discussion Questions
131(1)
Internet Links
131(1)
Suggested Readings
131(1)
Notes
132(1)
The International Monetary System
133(24)
Overview
133(2)
A Student's Guide to Foreign Exchange
135(1)
The FX Ticket: A Currency's Value Depends on What it Can Buy
136(4)
The Effects of FX Changes
140(2)
Box: Crisis in the CFA Franc Zone
142(2)
Exchange Rate Instability
144(2)
Introduction to the International Monetary System
146(1)
The Bretton Woods System
147(2)
The Lessons of Bretton Woods
149(1)
Floating Exchange Rates and the Unholy Trinity
150(3)
The Age of Extremes
153(1)
Discussion Questions
154(1)
Internet Links
154(1)
Suggested Readings
154(1)
Notes
155(2)
Debt: The Political Economy of International Finance
157(25)
Overview
157(2)
The Nature and Significance of Finance
159(1)
The Vocabulary of International Finance
160(3)
How International Payments Balance
163(1)
Box: Anatomy of a Balance of Payments Crisis
164(2)
The Global Financial Structure
166(3)
The Impact of Global Finance on IPE
169(1)
The LDC Debt Crisis
170(2)
Box: The Prisoners' Dilemma
172(1)
Creating Cooperation: The Brady Plan
173(2)
Bubbles: The Crises of Global Finance17
175(4)
States and Markets in Global Finance
179(1)
Discussion Questions
179(1)
Internet Links
179(1)
Suggested Readings
180(1)
Notes
180(2)
The Global Security Structure
182(26)
Overview
182(2)
Images of the Changing Security Structure
184(1)
The Cold War
184(2)
Toward a Post-Cold War Security Structure
186(3)
Box: The Persian Gulf War
189(6)
Box: UN Peacekeeping Functions
195(4)
Box: Banning Land Mines
199(4)
Conclusion: Images of the Global Security Structure
203(2)
Discussion Questions
205(1)
Internet Links
205(1)
Suggested Readings
205(1)
Notes
205(3)
Knowledge and Technology: The Basis of Wealth and Power
208(21)
Professor Ross Singleton
Overview
208(2)
The International Knowledge Structure
210(2)
The Nature and Impact of Technological Innovation
212(1)
The IPE of Technology and Intellectual Property Rights (IPRs)
213(1)
Three Perspectives on Intellectual Property Rights
214(2)
U.S. Efforts to Protect Intellectual Property Rights
216(3)
Cooperation and Conflict Among Industrialized Countries
219(1)
Box: Patenting Life---The International Harmonization of Biotechnology Protection
220(1)
North-South Conflicts over Intellectual Property Rights
221(2)
Box: Asian Developing Countries---Tigers or Copycats?
223(1)
Conclusion
224(1)
Discussion Questions
225(1)
Internet Links
225(1)
Suggested Readings
225(1)
Notes
225(4)
Part III State-Market Tensions Today 229(90)
The European Union: The Economics and Politics of Integration
231(23)
Overview
231(2)
The Logic of Economic Integration
233(2)
Sovereignty at Risk: The Politics of Integration
235(1)
The Birth of the European Economic Community
236(3)
Box: The Common Agricultural Policy
239(1)
Broader and Deeper: The EC, 1973-1993
240(3)
The Development of Political Institutions
243(2)
The 1990s Euro, Europe, Europa?
245(2)
Political Union or Monetary Union?
247(1)
The Political Economy of the Euro
248(1)
Euro-Optimists and Euro-Pessimists
249(1)
Box: Integration and Disintegration
250(1)
Discussion Questions
251(1)
Internet Links
252(1)
Suggested Readings
252(1)
Notes
253(1)
Democracy and Markets: The IPE of NAFTA
254(18)
Professor David J. Sousa
Overview
254(2)
What Is NAFTA?
256(2)
``From the Yukon to the Yucatan'': The Core of the Deal
258(2)
Supplemental Agreements on the Environment and Labor
260(2)
Markets, Democracy, and Protectionism
262(1)
Democracy and Markets
263(1)
Democcracy, Markets, and NAFTA
264(2)
Conclusion: Democracy, NAFTA, and the Future of U.S. Trade Policy
266(2)
Box: After NAFTA
268(2)
Discussion Questions
270(1)
Internet Links
270(1)
Suggested Readings
270(1)
Notes
271(1)
Japan and the Developmental State
272(23)
Overview
272(1)
Patterns of Continuity and Change in Japanese History
273(1)
History: From Isolationist to Imperialist
274(2)
Multiple Explanations of Japan's Economic Success
276(2)
Mercantilism Meets Capitalism: The Developmental State
278(1)
Box: Japanese Industrial Policy
279(1)
How Japan Won the Cold War
280(2)
Winning the Cold War but Losing the Peace
282(2)
The Bubble Economy
284(2)
Box: Japan's Economic Dilemma
286(2)
The Political Bubble
288(3)
Three Perspectives on Japan's Future
291(1)
Conclusion
292(1)
Discussion Questions
292(1)
Internet Links
293(1)
Suggested Readings
293(1)
Notes
293(2)
States and Markets in Transition
295(24)
Professor Patrick H. O'Neil
Overview
295(2)
States and Markets in Transition
297(1)
Communism and the Classical Socialist System
298(1)
The Politics of Classical Socialism
299(2)
The Economics of Classical Socialism
301(3)
The Problems of Transition
304(1)
The Politics of Transition
305(2)
The Economics of Transition
307(2)
Case Study: Varieties of Economic Transformation in Eastern Europe
309(2)
Case Study: Economic and Political Reform in Russia
311(3)
Case Study: China's Transition to Market Socialism
314(2)
States and Markets in Transition: Tensions, Issues, and Lessons
316(1)
Discussion Questions
317(1)
Internet Links
317(1)
Suggested Readings
317(1)
Notes
318(1)
Part IV IPE North and South 319(68)
The Two Faces of Development
320(26)
Professor Sunil Kukreja
Overview
320(2)
The Two Faces of Economic Development
322(3)
The North-South Debate
325(1)
Changing the System: UNCTAD and the NIEO
326(2)
The Liberal Model and Economic Development
328(1)
Dependency: Development or Underdevelopment?
329(2)
Box: Ujamaa: An Experiment in Self-Reliance
331(1)
The Neoliberal Consensus on Development
332(1)
The Newly Industrializing Countries
333(7)
Losing Ground: The African Predicament
340(2)
Box: Women and Development in LDCs
342(1)
Conclusion
343(1)
Discussion Questions
343(1)
Internet Links
344(1)
Suggested Readings
344(1)
Notes
344(2)
The IPE of Multinational Corporations
346(23)
Professor Leon Grunberg
Overview
346(1)
The Nature of Multinational Corporations
347(1)
Where Do They Come from and Where Do They Go?
348(2)
Why Do Firms Invest Abroad?
350(3)
The Impact of Multinational Corporations
353(1)
The Positive View
353(2)
The Negative View
355(5)
The Impact of MNCs: Summing Up
360(1)
Box: Wooing Multinational Corporations---The Case of Mercedes-Benz
360(1)
Bargaining Relations Between MNCs and Governments and Workers
361(2)
Box: When Countries Have the Upper Hand: Boeing and China
363(2)
Conclusion
365(1)
Discussion Questions
366(1)
Internet Links
366(1)
Suggested Readings
366(1)
Notes
367(2)
The IPE of OPEC and Oil
369(18)
Overview
369(2)
OPEC and the Politics and Economics of Oil
371(1)
The Oil Crises of the 1970s
372(2)
Reactions to the OPEC Oil Crises
374(1)
Oil and OPEC in the 1980s
375(2)
Oil and the Gulf War of 1990
377(1)
OPEC's Obituary?
377(3)
Exaggerated Rumors
380(3)
Conclusion
383(1)
Discussion Questions
384(1)
Internet Links
384(1)
Suggested Readings
384(1)
Notes
385(2)
Part V Global Problems 387(68)
The International Political Economy of Food and Hunger
388(24)
Overview
388(2)
Lifeboat Ethics
390(1)
Lifeboat Ethics Critiqued
391(3)
The World Food Crisis
394(1)
Hunger Amongst Plenty
395(1)
Box: The IPE of Famine in Somalia
396(1)
An IPE of Food and Hunger
397(2)
Box: Amartya Sen and the Causes of Famines
399(1)
The Mercantilist Perspective
400(2)
The Liberal Perspective
402(3)
The Structuralist Perspective
405(2)
Conclusion
407(1)
Discussion Questions
408(1)
Internet Links
409(1)
Suggested Readings
409(1)
Notes
409(3)
The Environment: The Green Side of IPE
412(25)
Overview
412(2)
Outlining the Problem: The Environment as a Communal Good
414(1)
The Global Scope of Problems
415(3)
The Proliferation of Actors
418(1)
Box: UNEP: Solution or Problem?
419(1)
Linkages to Other Issues
420(1)
Case Study: The Greenhouse Effect
421(3)
Cast Study: Deforestation
424(3)
Case Study: Ocean Nuclear Waste Dumping
427(1)
Solutions: A Green IPE?
428(5)
Conclusion
433(1)
Discussion Questions
433(1)
Internet Links
434(1)
Suggested Readings
434(1)
Notes
435(2)
Conclusion: Where Do We Go from Here?
437(18)
Overview
437(1)
The IPE Approach: Some Concluding Thoughts
438(3)
IPE Today: Four Fundamental Tensions
441(7)
The Future? Four Scenarios
448(2)
Box: Mad Money
450(2)
Conclusion: Days of Futures Past
452(1)
Discussion Questions
453(1)
Internet Links
453(1)
Suggested Readings
453(1)
Notes
454(1)
Glossary 455(18)
Index 473


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