Global Political Economy: Evolution and Dynamics

This engaging new text provides a concise but comprehensive introduction to the global political economy of today set in a broad historical context. Part I analyses the emergence of an international political economy from the fifteenth century through the Industrial Revolution and the consolidation of the post-1945 world order up to the present. The authors next proceed to explore the dynamics of the present global political economy, providing systematic coverage of the key dimensions in relation to trade, production, labour, finance, development and the environment. They conclude with an assessment of global governance, and most centrally how markets can be regulated to meet human purposes in an increasingly global economy. Lucid, accessible and authoritative, Global Political Economy introduces an unusually wide range of theoretical approaches, moving beyond a traditional three-paradigm perspective to show how these theories can be applied and how useful they are in tackling key developments and issues.