International political economy / Thomas Oatley
- Oatley, Thomas H., 1962-
- London : Routledge, 2018.
- Sixth edition. and International student edition.
- Physical Description:
- 1 online resource : illustrations (black and white)
- Cover; Half Title; Title Page; Copyright Page; Brief Contents; Table of Contents; Preface; Acknowledgments; Chapter 1 International Political Economy; What is International Political Economy?; Studying International Political Economy; Traditional Schools of International Political Economy; Interests and Institutions in International Political Economy; The Global Economy in Historical Context; Conclusion; Key Terms; Suggestions for Further Reading; Chapter 2 The WTO and the World Trade System; What is the World Trade Organization?; Hegemons, Public Goods, and the World Trade System, The Evolving World Trade Organization: New Directions, New ChallengesThe Greatest Challenge? Regional Trade Arrangements and the World Trade Organization; Conclusion; Key Terms; Suggestions for Further Reading; Chapter 3 The Political Economy of International Trade Cooperation; The Economic Case for Trade; Trade Bargaining; Enforcing Agreements; Conclusion; Key Terms; Suggestions for Further Reading; Chapter 4 A Society-Centered Approach to Trade Politics; Trade Policy Preferences; Factor Incomes and Class Conflict; Sector Incomes and Industry Conflict, Organizing Interests: The Collective Action Problem and Trade Policy DemandsPolitical Institutions and the Supply of Trade Policy; Conclusion; Key Terms; Suggestions for Further Reading; Chapter 5 A State-Centered Approach to Trade Politics; States and Industrial Policy; The Infant-Industry Case for Protection; State Strength: The Political Foundation of Industrial Policy; Industrial Policy in High-Technology Industries; Strategic-Trade Theory; Strategic Rivalry in Semiconductors and Commercial Aircraft; Conclusion; Key Terms; Suggestions for Further Reading, Chapter 6 Trade and Development I: Import Substitution IndustrializationDomestic Interests, International Pressures, and Protectionist Coalitions; The Structuralist Critique: Markets, Trade, and Economic Development; Market Imperfections in Developing Countries; Market Imperfections in the International Economy; Domestic and International Elements of Trade and Development Strategies; Import Substitution Industrialization; Reforming the International Trade System; Conclusion; Key Terms; Suggestions for Further Reading; Chapter 7 Trade and Development II: Neoliberalism and Institutionalism, and Emerging Problems with Import Substitution IndustrializationThe East Asian Model; Structural Adjustment and the Politics of Reform; Getting Institutions Right; Conclusion; Key Terms; Suggestions for Further Reading; Chapter 8 Multinational Corporations in the Global Economy; Multinational Corporations in the Global Economy; Economic Explanations for Multinational Corporations; Locational Advantages; Market Imperfections; Locational Advantages, Market Imperfections, and Multinational Corporations; Multinational Corporations and Host Countries; Conclusion; Key Terms
- 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 students with limited background in political theory, history, and economics. This text 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 students to think critically about how economic policy is made in the context of globalization. New to the Sixth Edition Covers the economic impacts of 2016 electoral events, including new Trump administration initiatives related to TPP and NAFTA; the UK and Brexit, and the European populist wave. Examines the global financial crisis, EU debt crisis, quantitative easing, global capital flow cycles, and currency wars. Probes the death of the Doha Round and explores individual trade preferences, WTO dispute settlement, bilateral investment treaties and global value chains, labor standards, and the role of institutions for economic development. Considers how U.S. monetary and fiscal policy shapes the flow of financial capital into and out of emerging market economies with a focus on the "Fragile Five," whether the Chinese Renminbi can displace the dollar as a global currency, and the newly constructed Asian Infrastructure Investment Bank. Explores the impact of migration on wages and income inequality, and the growing importance of working remittances as a source of capital for developing countries.
- 9781351034647 (ePub ebook), 1351034642, 9781351034654 (PDF ebook), and 1351034650
- Chapter 1. International Political Economy Chapter 2. The WTO and the World Trade System Chapter 3. The Political Economy of International Trade Cooperation Chapter 4. A Society-Centered Approach to Trade Politics Chapter 5. A State-Centered Approach to Trade Politics Chapter 6. Trade and Development I: Import Substitution Industrialization Chapter 7. Trade and Development II: Neoliberalism and Institutionalism Chapter 8. Multinational Corporations in the Global Economy Chapter 9. The Politics of Multinational Corporations Chapter 10. The International Monetary System Chapter 11. Cooperation, Conflict, and Crisis in the Contemporary International Monetary System Chapter 12. A Society-Centered Approach to Monetary and Exchange-Rate Policies Chapter 13. A State-Centered Approach to Monetary and Exchange-Rate Policies Chapter 14. Developing Countries and International Finance I: The Latin American Debt Crisis Chapter 15. Developing Countries and International Finance II: The Global Capital Flow Cycle Chapter 16. Achievements of and the Challenge to the Global Capitalist Economy
- Bibliography Note:
- Includes bibliographical references and index.
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