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Encyclopedia > International political economy

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). The social sciences are groups of academic disciplines that study the human aspects of the world. ... HIStory: Past, Present and Future – Book I is a two-disc album by Michael Jackson released in 1995 by the Epic Records division of Sony BMG. The first disc (HIStory Begins) is a fifteen-track greatest hits (later released as Greatest Hits - HIStory Volume I), while the second disc (HIStory... International relations (IR), a branch of political science, is the study of foreign affairs of and relations among states within the international system, including the roles of states, inter-governmental organizations (IGOs), non-governmental organizations (NGOs), and multinational corporations (MNCs). ... Political economy was the original term for the study of production, the acts of buying and selling, and their relationships to laws, customs and government. ...


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

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. The 1970s decade refers to the years from 1970 to 1979, inclusive. ... At the height of the crisis in the United States, drivers of vehicles with odd numbered license plates were allowed to purchase gasoline only on odd-numbered days of the month, while drivers with even-numbers were limited to even-numbered days. ... Wikipedia does not have an article with this exact name. ... International relations (IR), a branch of political science, is the study of foreign affairs of and relations among states within the international system, including the roles of states, inter-governmental organizations (IGOs), non-governmental organizations (NGOs), and multinational corporations (MNCs). ... // Balancing scales are symbolic of how law mediates peoples interests For other senses of this word, see Law (disambiguation). ... Politics is the process by which groups make decisions. ... Sometimes referred to as Rankian History, diplomatic history focuses on politics, politicians and other high rulers and views them as being the driving force of continuity and change in history. ... Economic history is the study of economic change, and of economic phenomena in the past. ... A state is a set of institutions that possesses the exclusive legitimate authority to make the rules that govern the people in one or more societies, having internal and external sovereignty over a definite territory. ... This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...


Notable past IPE scholars

             

Eli Filip Heckscher (Stockholm November 24, 1879 - Stockholm December 23, 1952) was a Swedish political economist and economic historian. ... Adam Smith, FRSE, (baptized and probably born June 5, 1723 O.S. (June 16 N.S.) – July 17, 1790) was a Scottish political economist and moral philosopher. ... David Ricardo (April 18, 1772 – September 11, 1823), a political economist, is often credited with systematising economics, and was one of the most influential of the classical economists, along with Thomas Malthus, and Adam Smith. ... Marx redirects here. ... Alfred Marshall Alfred Marshall (July 26, 1842–July 13, 1924), born in Bermondsey, London, England, became one of the most influential economists of his time. ... Barrington Moore Jr. ... Friedrich Hayek Friedrich August von Hayek (May 8, 1899 – March 23, 1992) was an economist and social scientist of the Austrian School, noted for his defense of free-market capitalism against a rising tide of socialist thought in the mid-20th century. ... Norwegian-American economist and sociologist Thorstein Veblen Thorstein Bunde Veblen (July 30, 1857 – August 3, 1929) was a Norwegian-American economist and sociologist. ... John Maynard Keynes (right) and Harry Dexter White at the Bretton Woods Conference John Maynard Keynes, 1st Baron Keynes, CB (pronounced canes, IPA ) (5 June 1883 – 21 April 1946) was a British economist whose ideas, called Keynesian economics, had a major impact on modern economic and political theory as well... Alvin Harvey Hansen (1887-1975) was professor of Economics at Harvard University, and was best known for introducing Keynesian Economics in the U.S. in the 1930s. ... Susan Strange (June 9, 1923 - October 25, 1998) was one of if not the founder of the discipline of international political economy. ... Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist and public intellectual who made major contributions to the fields of macroeconomics, microeconomics, economic history and statistics while advocating laissez-faire capitalism. ...

Notable contemporary IPE scholars

             

Helen V. Milner or Helen Milner is a political scientist who has written extensively on issues related to international political economy like international trade, the connections between domestic politics and foreign policy, globalization and regionalism, and the relationship between democracy and trade policy. ... Robert David Putnam (born January 9, 1941 in Rochester, New York) is a political scientist and professor at Harvard Universitys Kennedy School of Government, well-known for his writings on civic engagement, civil society, and social capital, a concept of which he is probably the leading exponent. ... Two-level game theory is a political theory based on game theory first articulated by Robert Putnam. ... John Kenneth Galbraith John Kenneth Galbraith, OC, LL.D (October 15, 1908 – April 29, 2006) was an influential Canadian-American economist of the 20th century. ... Amartya Sen Dr. Amartya Kumar Sen CH (Hon) (Bengali: Ômorto Kumar Shen) (born 3 November 1933 in Santiniketan, India), is an economist and a winner of the Bank of Sweden Prize in Economic Sciences (sometimes referred to informally as the Nobel Prize for Economics) in 1998, for his work on... Karl Paul Polanyi (October 21, 1886 - Pickering, Ontario April 23, 1964) was a Hungarian intellectual known for his opposition to traditional economic thought and his influential book The Great Transformation. ... Walt Whitman Rostow (also known as Walt Rostow or W.W. Rostow) (October 7, 1916 - February 13, 2003) was an American economist and political thinker prominent for his staunch opposition to Communism and belief in the efficacy of capitalism and free enterprise. ... For the English poker player, see Peter Evans. ... Theda Skocpol (born May 4, 1947 in Detroit, Michigan) is a sociologist and political scientist at Harvard University, presently serving as Dean of the Graduate School of Arts and Sciences. ... Charles Tilly (born 1929) is a well known sociologist who has written a large number of books on the relationship between politics, economics and society. ... Robert Bates is currently the Eaton Professor of the Science of Government at Harvard University. ... William Harrison Riker (September 22, 1920 - June 26, 1993) was an influential political scientist, who advanced the field of political science through his application of game theory and mathematics to the field. ... Stephen Krasner is currently the Director of Policy Planning at the United States Department of State. ... Robert Gilpin is a scholar of international political economy and the professor emeritus of Politics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University. ... Immanuel Wallerstein Immanuel Wallerstein (born 1930) is a U.S. sociologist. ... Peter Katzenstein (b. ... Jagdish Bhagwati (born 1934) is a prominent economist noted for his defense of free trade against the critics of globalization. ... Robert Alan Dahl (b. ... John Rawls (February 21, 1921 – November 24, 2002) was an American philosopher, a professor of political philosophy at Harvard University and author of A Theory of Justice (1971), Political Liberalism, Justice as Fairness: A Restatement, and The Law of Peoples. ... Samir Amin (b. ... Tom Ferguson could refer to: Dr. Thomas William Ferguson, (1943–2006), American medical doctor and author Tom Ferguson, Green Party candidate for Niagara West—Glanbrook in the 2004 Canadian federal election This human name article is a disambiguation page — a list of pages that might otherwise share the same title...

External links

  • International Political Economy Network
  • The Review of International Political Economy
  • International Political Economy I (L2024), as-offered 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

  Results from FactBites:
 
International College Programs: International Political Economy and Diplomacy (361 words)
Political economy describes the nexus between politics and economics, and international political economy studies the arena where international politics and international economics meet.
The subject matter of International Political Economy is the study of the international economic system and how it produces, distributes, and uses wealth, and the study of the international political system as a set of institutions and rules by which social and economic interactions are governed.
Because diplomatic negotiations form the basis of new international law, and because diplomacy operates within the framework of extant international law, the study of diplomacy is an important component in the study of international political economy.
Political economy - Wikipedia, the free encyclopedia (4054 words)
Political economy, then, studies the mechanism of human activity in organizing material, and the mechanism of distributing the surplus or deficit that is the result of that activity.
Political economy, because it is concerned with a view of underlying reality, is often required to be multi-disciplinary in its approach.
Ecology is often involved in political economy, because human activity is one of the single largest effects on the environment, and because it is the suitability of the environment for human beings which is one of the central concerns of most human beings.
  More results at FactBites »


 

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