International Political Economy: Contrasting World Views

Paperback (Print)
Buy New
Buy New from
Buy Used
Buy Used from
(Save 34%)
Item is in good condition but packaging may have signs of shelf wear/aging or torn packaging.
Condition: Used – Good details
Used and New from Other Sellers
Used and New from Other Sellers
from $3.40
Usually ships in 1-2 business days
(Save 93%)
Other sellers (Paperback)
  • All (16) from $3.40   
  • New (6) from $40.73   
  • Used (10) from $3.40   


This textbook is the perfect short introduction to the fundamental theories and issues of international political economy (IPE).

Written in a concise and accessible style, the text equips students with the necessary skills and knowledge to understand this complex and fascinating area. Engaging with both classical theories and the main contemporary debates, this is the ideal starting point for the study of IPE.

The text introduces students to the three main theoretical approaches in IPE: free market, institutionalist and historical materialist. The strengths and weaknesses of the theories are then illustrated by a series of fascinating applied case studies in such core areas as international trade, finance, transnational corporations, development and the environment.

Combining clear historical and theoretical explanation with detailed empirical examples this is essential reading for students of international political economy, global governance and international economics.
Read More Show Less

Editorial Reviews

From the Publisher
'A landmark book by one of the most prominent scholars on political economy, International Political Economy is a must-read on economic development for researchers, students, and policy makers, especially for its penetrating critique of conventional economic thinking on development. His thorough treatment of multiple perspectives makes the book useful to interdisciplinary social scientists as well as political economists.' - William H. Newell, Executive Director, Association for Integrative Studies & Professor of Interdisciplinary Studies, Miami University, Oxford, Ohio, USA

'Ray Miller carefully outlines three competing visions of international political economy. He is admirably fair in his treatment of each, carefully outlining their strengths and weaknesses. The scholarship is impressive: Ray Miller clearly knows what he is talking about. The writing is crisp and clear. No other text in the field comes close to providing such a detailed and even-handed treatment of these three visions. Students using this text should thus be able to choose among these perspectives on their merits, and indeed integrate elements of each in order to generate a more holistic and nuanced understanding of IPE.' - Rick Szostak, Professor of Economics, University of Alberta, Canada

'This is a textbook that will be appreciated by both teachers and students of international political economy. It helps readers to make critical sense of the field by carefully "unpacking" the assumptions that underlie major schools of thought in IPE and explaining how the assumptions of each school connect to their analyses and policy prescriptions. Its full discussion of Keynesian perspectives, as well as its treatment of vital global environmental issues and critical "green IPE" perspectives - shortchanged in many other texts - make it an excellent choice for undergraduate courses.' - Glenn Fieldman, Assistant Professor of Environmental Studies, San Francisco State University, USA

Read More Show Less

Product Details

  • ISBN-13: 9780415384094
  • Publisher: Taylor & Francis
  • Publication date: 8/28/2008
  • Edition description: New Edition
  • Pages: 300
  • Product dimensions: 6.10 (w) x 9.10 (h) x 0.70 (d)

Meet the Author

Raymond C. Miller has been national president of two professional associations: the Association for Integrative Studies and the Society for International Development. He was founding editor of Issues in Integrative Studies. Professor Miller served as a member of the faculty at San Francisco State University for 43 years, where he is now Professor Emeritus of International Relations and Social Science.

Read More Show Less

Table of Contents

1. The Field of Study Known as 'IPE' 1.1 Long-Distance Trade 1.2 First Global Economy 1.3 Mercantilism 1.4 Triangular Trade 1.5 Industrial Revolution Adam Smith 1.6 Key Ideas 1.7 Father of Economics 1.8 Ricardo, Marx and Classical Political Economy 1.9 Globalization and the Revival of IPE 2. Formal Definition 2.1 Strategy of Text 2. The Market Model and World View 2.2 Neoclassical Economics vs. Classical Political Economy 2.3 Premises of the Market Model 2.4 Interactions Within the Market Model (Diagram) 2.5 Roles 2.6 Supply and Demand 2.7 Counter Flows 2.8 Capital Investment 2.9 Bonds and Stocks 3. Logical Consequences of the Market Model 3.1 Answers to Basic Economic Questions 3. Market Applications National Income and Product Accounts 3.2 International Trade and the Market 3.3 Comparative Advantage (Bar Graph) 3.4 Neo-Mercantilism 3.5 World Trade Organization 3.6 Balance of Payments 3.7 Foreign Exchange and the International Monetary Fund 3.8 Gold Standard and the Bretton Woods System 3.9 Monetary Policy 4. Invention of Banks 4.1 Fractional Reserve Banking System (Expansion Diagram) 4.2 Federal Reserve System 4.3 Instruments of Monetary Policy 4.4 Third World Debt Crisis 4.5 Monetarism 4.6 The Keynesian Revolution and Fiscal Policy 4.7 Low Level Equilibrium Trap vs. The Conventional Market Model 4.8 Keynesian Solution for the Great Depression 4.9 Compensatory Fiscal Policy and its Problems 5. World Bank 5.1 Global Connections (Diagram) 4. The Multi-Centric Organizational (MCO) World View 5.4 The Veblen and Polanyi Institutionalist Challenge to the Market Model 5.5 The Sraffa Neo-Ricardian Critique 5.6 The Galbraith Critique and Alternative 5.7 The Multi-Centric Organizational Model 5.8 Premises 5.9 Interactions 6. Outcomes 6.1 Summary Comparison Between the MCO and Market Models 6.2 A Better Way? 5. The MCO World View – Critical Applications 6.3 Problems of 'Free Trade' (Prebisch, Batra, Sraffa, etc.) 6.4 The Global Casino (Strange, Ingham, etc.) 6.5 Ecological Degradation (Daly, etc.) 6.6 Corporate Colonialism (Korten, etc.) 6.7 The MCO Reformist Agenda 6. The Classical Marxist Model and World View 6.8 Background 6.9 Premises of the Classical Marxist Model (Dialectical Materialism) 7. Interactions of the Classical Marxist Model 7.1 Mode of Production 7.2 Historical Materialism 7.3 Capitalist Mode of Production 7.4 Outcomes 7.5 Capitalist Mode of Production 7.6 Classical Marxist Model 7. Contemporary Applications of Marxist Analysis 7.7 Disclaimers (Stalinism, World Systems Theory, Dependency Theory) 7.8 Imperialism: Old and New (Lenin and Gramsci) 7.9 Regulation Theory (Social Structures of Accumulation) 8. Feminism and Marxism (V. Spike Peterson) 8. Clashing Views on Central Issues: A Summation 8.1 International Trade and Trade Agreements 8.2 Market Approach 8.3 MCO Approach 8.4 Marxist approach 8.5 Transnational Corporations 8.6 Market Approach 8.7 MCO Approach 8.8 Marxist Approach 8.9 Global Finance 9. Market Approach 9.1 MCO Approach 9.2 Marxist Approach Environment and Development 9.3 Market Approach 9.4 MCO Approach 9.5 Marxist Approach 9.6 Glossary 9.7 Index

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)