"A key focus in IPE is on the distributive consequences of global economic exchange."
The study of how economic forces shape international relations, including trade, investment, and finance.
Globalization: A process that involves the integration of economic, cultural, social, and political activities across national borders.
International Trade: The exchange of goods and services across national borders, which is a key component of the global economy.
International Finance: The study of financial systems, institutions, and markets that operate across national borders.
International Organizations: These are entities that facilitate cooperation among countries in various areas such as trade, finance, health, environment, etc.
International Development: The process of improving the economic, social, and environmental conditions of people and communities in developing countries.
Multinational Corporations: Companies that operate in multiple countries and are often seen as a powerful actor in the global economy.
International Labour Standards: A set of principles and guidelines designed to protect workers and promote decent work around the world.
International Law: The body of rules and principles that govern the conduct of states, international organizations, and individuals in their relations with each other.
International Political Economy Theories: Various theoretical perspectives that explain the interactions between politics and economics in international relations.
International Monetary System: The system of exchange rates, payments, and money that operates across national borders.
International Economic Governance: The mechanisms and institutions that regulate international economic relations and shape global economic policies.
North-South Divide: The economic and political divide between developed and developing countries.
International Economic Inequality: The uneven distribution of wealth, income, and resources across countries.
Economic Nationalism: The belief that a country's economic interests should be protected and promoted above others.
Global Governance: The system of global institutions, norms, and rules that mediate and regulate international relations.
Mercantilism: This economic theory argues that a country's wealth should be measured by its accumulation of precious metals, such as gold and silver. It emphasizes government intervention and protectionism to ensure a country's economic growth.
Classical liberalism: This theory focuses on free trade and emphasizes the role of the individual in the economy. It is against government intervention in the market.
Marxism: This socio-economic theory argues that capitalism concentrates wealth and power in the hands of a small elite while exploiting the working class.
Neoliberalism: This theory is considered an updated version of classical liberalism, which advocates for free trade, deregulation, and privatization of state-owned assets.
Behavioralism: This theoretical approach focuses on empirical analysis of behaviors and outcomes rather than normative theory.
Feminist international political economy: This field seeks to understand gender dynamics in global economic systems.
Green political economy: This theoretical approach emphasizes the importance of sustainable development and environmental concerns in economic policy.
Post-colonialism: This theoretical approach critiques the enduring power imbalances between former colonizing countries and their former colonies, including economic relations.
Dependency theory: This theory argues that developing countries are dependent on the developed world for trade and investment, leading to economic exploitation and underdevelopment.
World systems theory: This theory views the world economy as a hierarchically structured system, with core nations dominating the periphery nations.
"A central assumption of IPE theory is that international economic phenomena do not exist in any meaningful sense separate from the actors who regulate and control them."
"IPE thus stresses the study of institutions, politics, and power relations in understanding the global economy."
"The substantive issue areas of IPE are frequently divided into the four broad subject areas of 1. international trade, 2. the international monetary and financial system, 3. multinational corporations, and 4. economic development and inequality."
"Key actors of study may include international organizations, multinational corporations, and sovereign states."
"It emerged in the 1960s and 1970s."
"The growth of international economic institutions such as the World Bank, International Monetary Fund, and the General Agreement on Tariffs and Trade, alongside economic turmoils such as the fall of the gold standard, 1973 oil crisis, and 1970s recession."
"IPE is also a major field of study within history, especially economic history."
"The study of how politics shapes the global economy and how the global economy shapes politics."
"The distributive consequences of global economic exchange."
"IPE thus stresses the study of institutions, politics, and power relations in understanding the global economy."
"international trade", "the international monetary and financial system", "multinational corporations", and "economic development and inequality."
"international organizations such as the World Bank, International Monetary Fund, and the General Agreement on Tariffs and Trade."
"international organizations, multinational corporations, and sovereign states."
"the fall of the gold standard, 1973 oil crisis, and 1970s recession."
"A central assumption of IPE theory is that international economic phenomena do not exist in any meaningful sense separate from the actors who regulate and control them."
"IPE is considered a major subdiscipline of international relations."
"IPE is a major field of study within history, especially economic history."
"The study of how politics shapes the global economy and how the global economy shapes politics."
"The study of 'the political battle between the winners and losers of global economic exchange.'"