International political economy

From Wikipedia, the free encyclopedia

International political economy (IPE) is a perspective in the social sciences and history that analyzes international relations in combination with political economy. Ultimately, IPE is about the consequences on an international level of the interaction between the state (politics) and the market (economics).

Scholars of IPE study trade relations and financial relations among nations, and try to understand how nations have cooperated politically to create and maintain institutions that regulate the flow of international economic and financial transactions.

Contents 1 Origin 2 Notable past IPE scholars 3 Notable contemporary IPE scholars 4 External links

[edit] Origin

IPE emerged as a heterodox approach to international studies during the 1970s as the 1973 world oil crisis and the breakdown of the Bretton Woods system alerted academics, particularly in the U.S., of the importance, contingency, and weakness of the economic foundations of the world order. IPE scholars asserted that earlier studies of international relations had placed excessive emphasis on law, politics, and diplomatic history. Similarly, neoclassical economics was accused of abstraction and being ahistorical. Drawing heavily on historical sociology and economic history, IPE proposed a fusion of economic and political analysis. In this sense, both Marxist and liberal IPE scholars protested against the reliance of Western social science on the territorial state as a unit of analysis, and stressed the international system.

[edit] Notable past IPE scholars

Eli Heckscher Adam Smith David Ricardo Karl Marx Alfred Marshall Barrington Moore Friedrich A. Hayek

Thorstein Veblen J.R. Commons John Maynard Keynes Alvin Hansen Susan Strange Milton Friedman John Kenneth Galbraith

[edit] Notable contemporary IPE scholars

Charles Lindblom Helen Milner Robert Putnam and his two-level game theory Peter A. Hall Amartya Sen Karl Polanyi W. W. Rostow Peter B Evans

Theda Skocpol Charles Tilly Robert Bates Robert W. Cox William H. Riker Stephen D. Krasner Robert Gilpin Immanuel Wallerstein Peter J. Katzenstein Jagdish Bhagwati Robert A. Dahl John Rawls Samir Amin Thomas Ferguson

[edit] External links

• International Political Economy Network
• The Review of International Political Economy
• MA in Global Political Economy at the University of Sussex
• International Political Economy Links
• The International Political Economy Major at Fordham
• The Program in International and Comparative Political Economy at Yale
• The B.Sc. in International Business & Politics at Copenhagen Business School
• The International Center for Business and Politics at Copenhagen Business School
• International Political Economy at IDSS, Nanyang Technological University
• International Political Economy at The University of Puget Sound
• International Political Economy at Colorado College
• M.A., Global Political Economy at Kassel University