Short description:

Global Political Economy, 9th edition places the study of IPE in broad theoretical context, equally emphasizing theory and practice to provide a framework for analyzing current events and long-term developments in the global economy.

Long description:

Global Political Economy places the study of IPE in broad theoretical context, equally emphasizing theory and practice to provide a framework for analyzing current events and long-term developments in the global economy.

Andy Hira updates this essential book and the related instructor and student resources, to cover recent global developments and shifts in scholarship.

New and updated for the Ninth Edition

? Provides an economics primer on how markets, interest, and exchange rates work, comparative advantage, and monetary and fiscal policy; and material on getting a job in political economy.

? Includes the basic tenets of realism.

? Expands coverage on China, including on bipolarity/U.S. relations, security-economic tradeoffs, Taiwan, the Belt and Road Initiative, and the failure of TPP.

? Discusses Russia?s invasion of Ukraine and builds on the material on sanctions.

? Investigates the effects of the pandemic, including post-pandemic inflation.

? Explores critical approaches to IR and different theoretical perspectives, and gives more weight to the Global South, including postcolonialism and intersectionality.

? Focuses more on climate change and the environment, technological advances, and migration.

? Adds material on club goods, cryptocurrencies, labor rights, global tax and offshoring, socially responsible investment, corporate social responsibility, the ?Beijing Model,? the proposed global minimum tax, ASEAN, and the African Continental Free Trade Agreement.

? Updates the tables, figures, graphics, references, and supplementary readings throughout.

? Provides updated instructor resources including a Test Bank, PowerPoint slides, Exercises, and an Instructor?s Manual, and a new student website with practice quizzes, flashcards, lecture videos, and links to extensive additional resources including videos, podcasts, readings, and data sources to support learning and engagement.

Praised for its authoritative coverage, Global Political Economy is essential reading for both introductory and advanced IPE courses.

?I?m delighted to see a new edition of this superb textbook which has long been one of the best teaching tools for instructors of introductory GPE courses. Its accessibility and excellent combination of theory and issue-area coverage have always made it stand out, and this version is even better than the last. Highly recommended!?

Eric Helleiner, University of Waterloo

?This textbook is a fantastic resource for IPE students, providing them with crucial theoretical and empirical insights for analysing an everchanging global political economy. This latest edition contains a variety of new perspectives and material ? including a non-technical introduction to economics, China?s growing importance in the world economy, and the impact of increasing geopolitical tensions ? that are crucial for helping students to gain a better understanding of contemporary issues, developments, and challenges.?

Johannes Petry, Goethe University Frankfurt

Table of Contents:

Part I: Introduction and Overview  Chapter 1. Introduction  Chapter 2. Managing the Global Economy Since World War II: The Institutional Framework  Part II: Theoretical Perspectives  Chapter 3. Realism and Neomercantilism  Chapter 4. Liberalism  Chapter 5. Critical Perspectives  Part III: The Issue Areas  Chapter 6. International Monetary Relations  Chapter 7. Financial Crises  Chapter 8. Global Trade Relations  Chapter 9. Preferential Trade Agreements and the Global Trade Regime  Chapter 10. Multinational Corporations and Global Production  Chapter 11. International Development  Part IV: Concluding Comments  Chapter 12. Reconsidering GPE and Its Ability to Meet Emerging Challenges