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Broadly viewing the global economy as a political competition that produces winners and losers, "International Political Economy" holistically and accessibly introduces the field of IPE to readers with limited background in political theory, history, and economics. This book surveys major interests and institutions and examines how state and non-state actors pursue wealth and power. Emphasizing fundamental economic concepts as well as the interplay between domestic and international politics, "International Political Economy" not only explains how the global economy works; it also encourages readers to think critically about how economic policy is made in the context of globalization.

Tabla de contenidos provista por Syndetics

• Preface(p. ix)
• Chapter 1 International Political Economy(p. 1)
• What Is International Political Economy?(p. 2)
• Studying International Political Economy(p. 7)
• Traditional Schools of International Political Economy(p. 8)
• Interests and Institutions in International Political Economy(p. 13)
• The Global Economy in Historical Context(p. 15)
• Chapter 2 The World Trade Organization and the World Trade System(p. 21)
• What Is the World Trade Organization?(p. 22)
• Hegemons, Public Goods, and the World Trade System(p. 28)
• The Evolving World Trade Organization: New Directions, New Challenges(p. 32)
• The Greatest Challenge? Regional Trade Arrangements and the World Trade Organization(p. 36)
• Chapter 3 The Political Economy of International Trade Cooperation(p. 45)
• The Economic Case for Trade(p. 46)
• Trade Bargaining(p. 53)
• Enforcing Agreements(p. 58)
• Chapter 4 A Society-Centered Approach to Trade Politics(p. 69)
• Trade Policy Preferences(p. 70)
• Factor Incomes and Class Conflict(p. 70)
• Sector Incomes and Industry Conflict(p. 73)
• Organizing Interests: The Collective Action Problem and Trade Policy Demands(p. 79)
• Political Institutions and the Supply of Trade Policy(p. 81)
• Chapter 5 A State-Centered Approach to Trade Politics(p. 89)
• States and Industrial Policy(p. 90)
• The Infant-Industry Case for Protection(p. 91)
• State Strength: The Political Foundation of Industrial Policy(p. 95)
• Industrial Policy in High-Technology Industries(p. 99)
• Strategic-Trade Theory(p. 100)
• Strategic Rivalry in Semiconductors and Commercial Aircraft(p. 103)
• Chapter 6 Trade and Development I: Import Substitution Industrialization(p. 111)
• Domestic Interests, International Pressures, and Protectionist Coalitions(p. 112)
• The Structuralist Critique: Markets, Trade, and Economic Development(p. 118)
• Market Imperfections in Developing Countries(p. 118)
• Market Imperfections in the International Economy(p. 120)
• Domestic and International Elements of Trade and Development Strategies(p. 121)
• Import Substitution Industrialization(p. 121)
• Reforming the International Trade System(p. 128)
• Chapter 7 Trade and Development II: Economic Reform(p. 133)
• Emerging Problems with Import Substitution Industrialization(p. 134)
• The East Asian Model(p. 137)
• Structural Adjustment and the Politics of Reform(p. 145)
• Developing Countries and the World Trade Organization(p. 154)
• Chapter 8 Multinational Corporations in the Global Economy(p. 158)
• Multinational Corporations in the Global Economy(p. 159)
• Economic Explanations for Multinational Corporations(p. 165)
• Locational Advantages(p. 165)
• Market Imperfections(p. 168)
• Locational Advantages, Market Imperfections, and Multinational Corporations(p. 171)
• Multinational Corporations and Host Countries(p. 173)
• Chapter 9 The Politics of Multinational Corporations(p. 180)
• Regulating Multinational Corporations(p. 181)
• Regulating Multinational Corporations in the Developing World(p. 181)
• Regulating Multinational Corporations in the Advanced Industrialized Countries(p. 185)
• Bargaining with Multinational Corporations(p. 188)
• The International Regulation of Multinational Corporations(p. 194)
• Chapter 10 The International Monetary System(p. 202)
• The Economics of the International Monetary System(p. 203)
• Exchange-Rate Systems(p. 203)
• The Balance of Payments(p. 205)
• Balance-of-Payments Adjustment(p. 208)
• The Rise and Fall of the Bretton Woods System(p. 212)
• Creating the Bretton Woods System(p. 212)
• Implementing Bretton Woods: From Dollar Shortage to Dollar Glut(p. 215)
• The End of Bretton Woods: Crises and Collapse(p. 219)
• Chapter 11 Cooperation, Conflict, and Crisis in the Contemporary International Monetary System(p. 225)
• From the Plaza to the Louvre: Conflict and Cooperation during the 1980s(p. 226)
• Global Imbalances and the Great Financial Crisis of 2007-2009(p. 234)
• Exchange-Rate Cooperation in the European Union(p. 241)
• Chapter 12 A Society-Centered Approach to Monetary and Exchange-Rate Policies(p. 249)
• Electoral Politics, the Keynesian Revolution, and the Trade-Off between Domestic Autonomy and Exchange-Rate Stability(p. 250)
• Society-Based Models of Monetary and Exchange-Rate Politics(p. 255)
• The Electoral Model of Monetary and Exchange-Rate Politics(p. 257)
• The Partisan Model of Monetary and Exchange-Rate Politics(p. 260)
• The Sectoral Model of Monetary and Exchange-Rate Politics(p. 264)
• Chapter 13 A State-Centered Approach to Monetary and Exchange-Rate Policies(p. 273)
• Monetary Policy and Unemployment(p. 274)
• The Time-Consistency Problem(p. 281)
• Commitment Mechanisms(p. 283)
• Independent Central Banks and Exchange Rates(p. 293)
• Chapter 14 Developing Countries and International Finance I: The Latin American Debt Crisis(p. 298)
• Foreign Capital and Economic Development(p. 299)
• Commercial Bank Lending and the Latin American Debt Crisis(p. 304)
• Managing the Debt Crisis(p. 309)
• The Domestic Politics of Economic Reform(p. 317)
• Chapter 15 Developing Countries and International Finance II: A Decade of Crises(p. 323)
• The Asian Financial Crisis(p. 324)
• Bretton Woods II(p. 332)
• The Heavily Indebted Poor Countries(p. 338)
• Chapter 16 Globalization: Consequences and Controversies(p. 346)
• Globalization and Global Poverty(p. 347)
• Globalization and ôSweatshopsö(p. 351)
• Trade and the Environment(p. 358)
• Glossary(p. 370)
• References(p. 388)
• Index(p. 401)