International Political Economy

International Political Economy

International political economy (IPE), also known as global political economy, is an academic discipline within the social sciences that analyzes international relations in combination with political economy. As an interdisciplinary field it draws on many distinct academic schools, most notably political science and economics, but also sociology, history, and cultural studies. The academic boundaries of IPE are flexible, and along with acceptable epistemologies are the subject of robust debate. This debate is essentially framed by the discipline's status as a new and interdisciplinary field of study.

Despite such disagreements, most scholars can concur that IPE ultimately is concerned with the ways in which political forces (states, institutions, individual actors, etc.) shape the systems through which economic interactions are expressed, and conversely the effect that economic interactions (including the power of collective markets and individuals acting both within and outside them) have upon political structures and outcomes.

IPE scholars are at the center of the debate and research surrounding globalization, both in the popular and academic spheres. Other topics that command substantial attention among IPE scholars are international trade (with particular attention to the politics surrounding trade deals, but also significant work examining the results of trade deals), development, the relationship between democracy and markets, international finance, global markets, multi-state cooperation in solving trans-border economic problems, and the structural balance of power between and among states and institutions. Unlike conventional international relations, power is understood to be both economic and political, which are interrelated in a complex manner.

Read more about International Political EconomyOrigin, Traditional Approaches, Notable IPE Scholars

Other articles related to "international, economy, political, international political economy, political economy":

History - International Surge of Fascism and World War II (1929—1945)
... The events of the Great Depression resulted in an international surge of fascism and the creation of several fascist regimes and regimes that adopted ... work day, a forty-eight hour work week in industry, and sought to entrench a corporatist economy and pursued irredentist claims on Hungary's neighbors ... The fascist Iron Guard movement in Romania soared in political support after 1933, gaining representation in the Romanian government, and an Iron Guard ...
Vinod Aggarwal - Biography
... trade policy, corporate strategy, international trade institutions, globalization, international debt rescheduling, international political economy, and international relations ... His research interests include the international politics of trade, international finance, comparative public policy, rational choice, and bargaining theory ... and Development, the Group of Thirty (G30), IFAD, the International Labor Organization, ASEAN, and the World Bank among other organizations ...
New International Political Economy
... International Political Economy (IPE) can be defined as a Neo-Marxist theory that focuses on the phenomenon of international inequalities and analyzes the universal effects of neo-colonialism ... IPE is a combination of international relations and political economy, concentrating primarily on examining the relationship between political forces and economic interactions ... "Political economy is a social science that analyzes political and economic processes, their interrelations, and their influence ...

Famous quotes containing the words economy and/or political:

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    Circumstances ... give in reality to every political principle its distinguishing colour and discriminating effect. The circumstances are what render every civil and political scheme beneficial or noxious to mankind.
    Edmund Burke (1729–1797)