Global Political Economy: Evolution and Dynamics by Robert O'Brien, Marc Williams | | 9780230241213 | Paperback | Barnes & Noble
Global Political Economy: Evolution and Dynamics / Edition 3

Global Political Economy: Evolution and Dynamics / Edition 3

by Robert O'Brien, Marc Williams
     
 

ISBN-10: 0230241212

ISBN-13: 9780230241213

Pub. Date: 05/11/2010

Publisher: Palgrave Macmillan

This engaging new text provides a concise but comprehensive introduction to the global political economy of today set in a broad historical context. Part I analyses the emergence of an international political economy from the fifteenth century through the Industrial Revolution and the consolidation of the post-1945 world order up to the present. The authors next

Overview

This engaging new text provides a concise but comprehensive introduction to the global political economy of today set in a broad historical context. Part I analyses the emergence of an international political economy from the fifteenth century through the Industrial Revolution and the consolidation of the post-1945 world order up to the present. The authors next proceed to explore the dynamics of the present global political economy, providing systematic coverage of the key dimensions in relation to trade, production, labour, finance, development and the environment. They conclude with an assessment of global governance, and most centrally how markets can be regulated to meet human purposes in an increasingly global economy. Lucid, accessible and authoritative, Global Political Economy introduces an unusually wide range of theoretical approaches, moving beyond a traditional three-paradigm perspective to show how these theories can be applied and how useful they are in tackling key developments and issues.

Product Details

ISBN-13:
9780230241213
Publisher:
Palgrave Macmillan
Publication date:
05/11/2010
Edition description:
New Edition
Pages:
496
Product dimensions:
6.10(w) x 9.10(h) x 1.40(d)

Table of Contents

List of Boxes, Tables, Figures and Mapsix
Acknowledgementsxi
List of Abbreviationsxii
Introduction1
1Understanding the Global Political Economy11
Contending perspectives on international political economy13
Three major figures and today's debates25
Approach of the book36
Part IEvolution
2Forging a World Economy 1400-180043
Regions of the world economy44
European expansion58
Conclusion71
3The Industrial Revolution, Pax Britannica and Imperialism76
The Industrial Revolution77
Pax Britannica84
Renewed imperialism94
Conclusion99
4The Twentieth Century: World Wars and the Post-1945 Order104
War and economic disorder104
The post-1945 order113
Conclusion129
Part IIDynamics
5International Trade135
Definitions135
Theoretical perspectives: free trade and protectionism138
Major developments145
Key issues156
Conclusion166
6Transnational Production167
Definitions168
Theoretical perspectives: explaining the growth of TNCs171
Major developments175
Key issues185
Conclusion196
7Global Division of Labour198
Definitions198
Theoretical perspectives: Adam Smith and his critics200
Major developments204
Key issues209
Conclusion223
8The Global Financial System224
Definitions and background224
Theoretical perspectives: monetary policy--exchange rate--capital mobility trade-off228
Major developments230
Key issues241
Conclusion252
9Economic Development253
Definitions254
Theoretical perspectives on growth and development259
Major developments266
Key issues274
Conclusion285
10Global Environmental Change287
Definitions and background288
Theoretical perspectives: IPE and environmental studies291
Major developments299
Key issues305
Conclusion313
11Governing the Global Political Economy315
What is global governance and how does it work?315
21st century challenges?328
Conclusion337
References338
Index357

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