International Political Economy: Debating the Past, Present and Future


The book gathers together a set of lively, provocative essays by leading voices in International Political Economy to debate the evolution of the field, its current state and its future directions.

Prompted by recent commentaries on the existence of a ‘transatlantic divide’ in IPE between an ‘American school’ and a ‘British school’, the essays provide a wide-ranging discussion of whether it is useful to think of the field in these terms, what the ‘American’ and ‘British’ schools...

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The book gathers together a set of lively, provocative essays by leading voices in International Political Economy to debate the evolution of the field, its current state and its future directions.

Prompted by recent commentaries on the existence of a ‘transatlantic divide’ in IPE between an ‘American school’ and a ‘British school’, the essays provide a wide-ranging discussion of whether it is useful to think of the field in these terms, what the ‘American’ and ‘British’ schools look like, what their achievements and shortcomings are, and what are the desirable future directions for IPE scholarship. The diverse responses to these questions reflect the ongoing vibrancy and diversity of the field of IPE, and open up an imaginative and engaging discussion about where we need to go from here.

Featuring contributions from the most influential scholars in the field from North America, Canada and the UK, this book is essential reading for anyone interested in the cutting edge debates in contemporary international political economy.

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Editorial Reviews

From the Publisher
"This book captures the best contributions to the absorbing conversation that IPE has had with itself over the past few years about its origins, achievements and identity. It is essential reading for everybody interested in this important and growing part of the intellectual landscape of the contemporary social sciences." - Anthony Payne, University of Sheffield, UK

"This is an excellent book, edited by Phillips and Weaver, two of the field's rising stars and increasingly prominent voices of measured, productive debate. Phillips and Weaver have framed the controversy over the transatlantic divide in IPE with a smart, thoughtful introduction and brought together an outstanding collection of essays on the state of IPE. The editors have produced a volume of required reading for the next several generations of students and scholars." - Rawi Abdelal, Harvard Business School, USA

What is the current state of the study of international political economy? Why are scholars so divided in their views on the appropriate methods to study IPE? With papers from many of the leading scholars in the field, this important volume addresses these questions and suggests how the study of IPE should best be pursued in the future. - John Ravenhill, The Australian National University, Australia

This collection will be an invaluable resource for those scholars and students interested in understanding the recent debates around geographical and theoretical divides in IPE—as well as for those who seek to question them. - Jacqueline Best, University of Ottawa, Canada

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Product Details

  • ISBN-13: 9780415780568
  • Publisher: Taylor & Francis
  • Publication date: 10/29/2010
  • Pages: 272
  • Product dimensions: 6.30 (w) x 9.30 (h) x 0.80 (d)

Meet the Author

Nicola Phillips is Professor of Political Economy and Director of the Political Economy Institute at the University of Manchester, and editor-in-chief of the journal New Political Economy (Routledge). Her most recent books are Development (co-authored with Anthony Payne, Polity Press, 2009), The Southern Cone Model: The Political Economy of Regional Capitalist Development in Latin America (Routledge, 2004) and, as editor, Globalizing International Political Economy (Palgrave, 2005).

Catherine Weaver is Associate Professor at the LBJ School of Public Affairs and Distinguished Scholar and Research Coordinator at the Robert S. Strauss Center for International Security & Law at the University of Texas at Austin. She is co-editor of the journal Review of International Political Economy (Routledge). Her most recent book is Hypocrisy Trap: The World Bank and the Poverty of Reform (Princeton University Press, 2008).

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Table of Contents

Introduction Nicola Phillips and Catherine E Weaver Section 1: Perspectives on the 'American School' of IPE 1. The American School of IPE Daniel Maliniak and Michael J Tierney 2. The Old IPE and the New Robert O. Keohane 3. TRIPS across the Atlantic:Theory and Epistemology in IPE David A Lake 4. Ontology, Methodology, and Causation in the American School of IPE Henry Farrell & Martha Finnemore 5. Of Intellectual Monocultures and the Study of IPE Kathleen R McNamara 6. The Slow Death of Pluralism Nicola Phillips 7. The 'American School' of IPE? A Dissenting View Randall Germain 8. Beware What you Wish for: Lessons for IPE from the Transformation of Economics Robert Wade 9. Mid-Atlantic:Sitting on the Knife's Edge Peter J. Katzenstein Section 2: Perspectives on the 'British School' of IPE 10. THe 'British School' in the Global Context Robert Cox 11. Torn Between Two Lover? Caught in the Middle of British and American IPE Mark Blyth 12. IPE's Split Brain Catherine E Weaver 13. Political Economy, the 'US School', and the Manifest Destiny of Everyone Geoffrey R.D. Underhill 14. Do the Left-Out Matter? Craig N. Murphy 15. Pluralist IPE: A View from Outside the 'Schools' Helge Hveem 16. Division and Dialogue in Anglo-American IPE: A Reluctant Canadian View Eric Helleiner 17. The Proof of the Pudding is in the Eating:IPE in the Light of the Current Crisis of 2007/8 Ronen Palan Section 3: The Future of IPE 18. Mantras, Bridges and Benchmarks: Assessing The Future of IPE Jason Sharman 19. The Second Crisis in IPE Theory Jonathan Kirshner 20. The Gift of Skepticism and the Hopeful Future of IPE Louis Pauly 21. The Richness and Diversity of Critical IPE Perspectives: Moving Beyond the Debate on the 'British School' Ian Bruff, Magnus Ryner and Bastiaan van Appeldoorn 22. The Global Financial Crisis: Lessons and Opportunities for International Political Economy Layna Mosley and David Singer 23. Towards A New Consensus: From Denial to Acceptance Benjamin J Cohen

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