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Cover

Principles of International Political Economy

Mark Hallerberg, Jeffrey Kucik, and Bumba Mukherjee

Publication Date - December 2019

ISBN: 9780199796182

304 pages
Paperback
6-1/8 x 9-1/4 inches

Retail Price to Students: $74.99

The most up-to-date International Political Economy text--and the only text to bridge the gap between the real world of politics and the tools that researchers use to understand IPE

Description

Principles of International Political Economy is the only text to bridge the gap between the real world of politics underlying the international economy and the tools that researchers use to understand IPE. Utilizing a central theoretical framework, the book provides a systematic and widespread introduction to the standard topics covered in an IPE course. It also emphasizes the role of domestic and international institutions in IPE and incorporates several subject areas that are not covered well in other texts, including political determinants and consequences of financial crises; implications of the rise of the BRICs; international environmental politics; the political origins and effect of sovereign debt; and the politics of foreign aid and its effect on development, democracy, and human rights.

About the Author(s)

Mark Hallerberg is Dean of Research and Faculty and Professor of Public Management and Political Economy at the Hertie School of Governance in Berlin, Germany.

Jeff Kucik is Associate Professor in the School of Government and Public Policy at the University of Arizona.

Bumba Mukherjee is Professor of Political Science at Penn State University.

Reviews

"This well-written and accessible book introduces students to the key concepts, debates, and issues in international political economy. From the politics of international trade to the environment, it teaches students to analyze some of the key topics of our times in a theoretically sound and applied manner."--Stefanie Walter, University of Zürich

"Principles of International Political Economy offers a highly accessible and utterly engaging overview of some of the most important topics in IPE today. It is an indispensable resource to all undergraduate students navigating the field."--Alexander Anievas, University of Connecticut

"Principles of International Political Economy has the advantage of teaching basic concepts--from political science more generally, but also from international political economy specifically--in a nice and simple way."--Kevin Young, University of Massachusetts, Amherst

"Principles of International Political Economy offers a coherent and up-to-date theoretical perspective on IPE. How would I describe it? Think of the IPE textbook that you always wanted to have/write--here it is."--Tobias Hoffman, College of William & Mary

Table of Contents

    Chapter 1: A First Look at International Political Economy
    1.1 Readers Guide
    1.2 Introduction
    1.3 Have Global Markets Fulfilled their Promise?
    1.4 What is International Political Economy (IPE)
    1.5 Our Approach to IPE: Concepts, Actors, and Institutions
    1.6 Theoretical Debates and Empirical Evidence
    1.7 Structure of the Textbook

    Chapter 2: Fundamentals of Trade Politics
    2.1 Readers Guide
    2.2 Introduction
    2.3 Why Countries Trade
    2.4 Why is there not more trade?
    2.5 Sources of trade preferences
    2.6 Conclusion
    2.7 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    2.8 References

    Chapter 3: Determinants of Trade Politics
    3.1 Readers Guide
    3.2 Introduction
    3.3 Regime type and trade
    3.4 Domestic political institutions and trade
    3.5 Development level and trade
    3.6 Security, conflict, and trade
    3.7 Conclusion
    3.8 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    3.9 References

    Chapter 4: International Trade Law and Institutions
    4.1 Readers Guide
    4.2 Introduction
    4.3 Why create trade agreements?
    4.4 The multilateral trade regime
    4.5 Bilateral and regional trade deals
    4.6 Trade law's costs and benefits
    4.7 Conclusion
    4.8 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    4.9 References

    Chapter 5: The Politics of Foreign Direct Investment and Multinational Corporations
    5.1 Readers Guide
    5.2 Introduction
    5.3 Foreign Direct Investment: Definition and Empirical Patterns
    5.4 Multinational Corporations: Definition and Features
    5.5 Explaining FDI Patterns Across Space and Time
    5.6 FDI: Boon or Bane for Economic Development?
    5.7 Conclusion
    5.8 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    5.9 References

    Chapter 6: Political Economy of International Finance
    6.1 Readers Guide
    6.2 Introduction
    6.3 International Finance: A Detailed Background
    6.4 Exchange Rate Systems: Benefits and Costs
    6.5 Variation in Modern Exchange Rate Arrangements
    6.6 Explaining Exchange Rate Policy Choice
    6.7 Conclusion
    6.8 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    6.9 References

    Chapter 7: Financial and Currency Crises
    7.1 Readers Guide
    7.2 Introduction
    7.3 How Debt Problems in the Public and Private Sector Differ
    7.4 What is Debt? Relevant Actors in Debt Markets
    7.5 Types of Financial Crisis: Banking, Sovereign Debt
    7.6 Multi-Lateral Aid Institutions: The World Bank
    7.7 Non-governmental Aid
    7.8 Conclusion
    7.9 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    7.10 References

    Chapter 8: Politics of the Global Environment
    8.1 Readers Guide
    8.2 Introduction
    8.3 Environmental Issues
    8.4 Global Environmental Politics and International Cooperation
    8.5 International Environmental Agreements: Definition, Examples and Functions
    8.6 Variation in Success of International Environmental Agreements
    8.7 Conclusion
    8.8 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    8.9 References

    Chapter 9: Who Gets Foreign Aid and Why?
    9.1 Readers Guide
    9.2 Introduction
    9.3 Why do some countries provide Foreign Aid?
    9.4 Humanitarian Motives
    9.5 Strategic determinants of foreign aid for development by donor countries
    9.6 Domestic political determinants of foreign aid in donor countries
    9.7 Multi-Lateral Aid Institutions: The World Bank
    9.8 Non-governmental Aid
    9.9 Conclusion
    9.10 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    9.11 References

    Chapter 10: Aid and/or Trade? International Politics and Development
    10.1 Readers Guide
    10.2 Introduction
    10.3 What does it mean to be "Developing?" Economic and Human Development
    10.4 Institutions, Actors, and Development
    10.5 Institutions to Promote the Accumulation of Capital: International and Domestic Development Banks
    10.6 Does Foreign Aid Promote Economic and Human Development?
    10.7 Trade and Economic Development
    10.8 Trade and Human Development
    10.9 Conclusion
    10.10 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    10.11 References

    Chapter 11: The Rise of the BRICs and Their Impact on Global Economic Governance
    11.1 Readers Guide
    11.2 Introduction
    11.3 A review of the BRICs
    11.4 BRIC collective action
    11.5 International Relations Theory and Explanations of BRIC Behavior
    11.6 Implications of the Emergence of These Countries on Trade, Finance, the Environment, and Foreign Aid
    11.7 Conclusion
    11.8 End of Chapter Material
    · Questions
    · Empirical Exercises
    · Key Terms
    11.9 References