States and the future of global finance

1992 ◽  
Vol 18 (1) ◽  
pp. 31-49 ◽  
Author(s):  
Eric Helleiner
Keyword(s):  
Political Economy ◽  
International Trade ◽  
International Relations ◽  
International Finance ◽  
International Economics ◽  
Global Economy ◽  
International Political Economy ◽  
Financial Sector ◽  
Global Finance ◽  
The Future

One of the central objectives of the field of international political economy (IPE) in the last 20 years has been to introduce insights from the field of international relations into the study of global economic affairs. Although this effort has been largely successful in the study of international trade, much less attention has been focused on the financial sector of the global economy. Seemingly highly technical and arcane, the study of international finance has been left largely to specialists in international economics, financial journalists, and international financial practitioners.

Conclusions

Free Traders ◽  
2019 ◽  
pp. 163-181
Author(s):  
Malcolm Fairbrother
Keyword(s):  
Decision Making ◽  
Political Economy ◽  
North America ◽  
Social Science ◽  
Global Economy ◽  
International Political Economy ◽  
The Social ◽  
The Future

Globalization’s origins are not just a historical concern. Democracy and expertise confer legitimacy. Insofar as the foundations of today’s global economy were neither very democratic nor based on serious expertise, it is unsurprising that globalization remains contentious. In this light, Chapter 8 considers the implications of the book’s analysis for the future of globalization. It also compares the case of North America to cases elsewhere, and reflects on the implications for the social science literatures on international political economy and ideas in politics. This chapter closes with a discussion of the costs of thinking about trade in the informal, anti-expert way of the businesspeople and politicians who defended CUFTA and NAFTA back in the 1980s and 1990s. Such thinking biases domestic decision-making against the interests of workers and the environment.

International Political Economy, Global Financial Orders and the 2008 Financial Crisis

2013 ◽  
Vol 11 (1) ◽  
pp. 155-166 ◽  
Author(s):  
Daniel W. Drezner ◽  
Kathleen R. McNamara
Keyword(s):  
Political Economy ◽  
Financial Crisis ◽  
Global Economy ◽  
International Political Economy ◽  
Economic Downturn ◽  
Global Finance ◽  
2008 Financial Crisis ◽  
The Great Depression ◽  
The 2008 Financial Crisis ◽  
Social Logics

The 2008 financial crisis triggered the most severe global economic downturn since the Great Depression. The crisis has provoked soul-searching among economists, yet international political economy (IPE) scholars have been relatively sanguine. We argue that IPE has strayed too far away from studying the geopolitical and systemic causes and consequences of the global economy. IPE must explain the generation and transformation ofglobal financial orders.Both the distribution of political power and the content of economic ideas will shape any emergent global financial order. A Kuhnianlife-cycle frameworkof global financial orders permits a systemic approach to global finance that integrates the study of power and social logics into our understanding of markets.

The Study of Money

2000 ◽  
Vol 52 (3) ◽  
pp. 407-436 ◽  
Author(s):  
Jonathan Kirshner
Keyword(s):  
Political Economy ◽  
International Relations ◽  
Global Economy ◽  
International Political Economy ◽  
Material Interests ◽  
Point Of Departure

Monetary phenomena define the contours of the contemporary global economy. This is a recent development, and it will transform the study of international political economy (IPE). Two excellent new books,The Geography of Money, by Benjamin Cohen, andMad Money, by Susan Strange, will frame, support, and provide the point of departure for scholars addressing this vital question. Ultimately, however, and perhaps necessarily, these books raise more questions than they answer. But they do suggest in which direction the most promising avenues of investigation point—toward the study of the unique interconnections between the ideas, material interests, and institutions associated with the management of money. Those relationships are profoundly consequential for politics and demand the renewed attention of contemporary scholars of international relations and political economy.

Feminist Security Studies and Feminist International Political Economy: Considering Feminist Stories

2015 ◽  
Vol 11 (02) ◽  
pp. 430-434 ◽  
Author(s):  
Katherine Allison
Keyword(s):  
Political Economy ◽  
International Relations ◽  
Global Economy ◽  
International Political Economy ◽  
Security Studies ◽  
Gender Violence ◽  
Political Economies ◽  
Global And Local

In reflecting upon the divergence of Feminist Political Economy (FPE) and Feminist Security Studies (FSS) one feels puzzled and perhaps even a little embarrassed. How could such a schism occur and be sustained for seemingly so long? This divergence certainly did not appear to characterize the founding of feminist International Relations (IR) when scholars such as Cynthia Enloe (1983, 1989) and Ann Tickner (1992) were attentive to both dimensions and carefully connected issues of gender to the global economy and to understandings of security and militarism. Moreover, to my mind, there is no immediate epistemological or ontological schism between FSS and FPE of the sort that has characterized other feminist divides. The security studies/International Political Economy (IPE) split seems to be more one of empirical focus that does not require a painstaking and perhaps ultimately futile attempt to suture the feminist IR body back together. Indeed, recent and highly illuminating work on the connections between gender violence and global and local political economies (Meger 2014; True 2012a) would suggest no reason why we should not simply press ahead with the task of reconnection and driving feminist IR forward to new and insightful places.

Informality in International Political Economy

2021 ◽  
Author(s):  
Felicity Vabulas
Keyword(s):  
Political Economy ◽  
International Finance ◽  
Global Economy ◽  
International Political Economy ◽  
Task Force ◽  
Global Politics ◽  
Intergovernmental Organizations ◽  
Informal Governance ◽  
Block Chain ◽  
Financial Action Task

Informality is increasingly defining outcomes in an international political economy that has previously been defined by precise treaties and large bureaucracies. Nonetheless, research in the budding area of “informality in IPE” is still nascent. This chapter brings some cohesion to the literature by discussing how soft law, informal governance, and informal intergovernmental organizations are affecting our global economy. By overviewing informality in the areas of international finance, international trade, and international economic institutions, it underscores how important bodies such as the G7, Financial Action Task Force, and Basel Committee are increasingly shaping how states interact. It underscores that informality is neither normatively better nor worse than its formal brethren, but instead that informality will have different effects on international relations. The chapter ends by highlighting ripe areas for more “informality in IPE” research going forward, including a better understanding of how topics such as block chain technologies, informal sanctions, and informal migration affect global politics. Nonetheless, a deeper investigation of these important areas will continue to be challenged by the things that define informality itself—a lack of transparency, working around the rules, and fluidity.

INTERACTION OF THE NATIONAL ECONOMY OF UKRAINE WITH INTERNATIONAL CREDIT AND FINANCIAL ORGANIZATIONS

2017 ◽  
Author(s):  
Serhii Voitko ◽  
◽  
Yuliia Borodinova ◽  
Keyword(s):  
Financial Institutions ◽  
National Economy ◽  
Financial Support ◽  
Global Economy ◽  
Financial Sector ◽  
Negative Consequences ◽  
International Financial Institutions ◽  
The Future ◽  
International Credit

The article examines the interaction of the national economy of Ukraine with international credit and financial organizations, evaluates the positive and negative consequences and identifies possible areas for further cooperation. The role of international credit and financial organizations in the development of the global economy is analyzed. Today, international financial institutions have taken a leading place among institutions that provide financial support and contribute to the implementation of necessary reforms aimed at developing enterprises in various sectors of the economy and strengthening the country's financial sector as a whole. The importance of cooperation between Ukraine and international financial institutions for the development of the country's economy has been determined. The problems and directions of development of cooperation with leading credit and financial organizations in modern conditions are identified. Despite the presence of certain shortcomings, cooperation between Ukraine and international credit and financial organizations will continue in the future.

Patents and Development in the New Global Economy

2017 ◽  
Author(s):  
Kenneth C. Shadlen
Keyword(s):  
Political Economy ◽  
Case Studies ◽  
Global Economy ◽  
International Political Economy ◽  
World Order ◽  
Global Politics ◽  
Pharmaceutical Patents ◽  
Key Points ◽  
Comparative Case Studies ◽  
Privately Owned

The concluding chapter reviews the main findings from the comparative case studies, synthesizes the main lessons, considers extensions of the book’s explanatory framework, and looks at emerging challenges that countries face in adjusting their development strategies to the new global economy marked by the private ownership of knowledge. Review of the key points of comparison from the case studies underscores the importance of social structure and coalitions for analyses of comparative and international political economy. Looking forward, this chapter supplements the book’s analysis of the political economy of pharmaceutical patents with discussion of additional ways that countries respond to the monumental changes that global politics of intellectual property have undergone since the 1980s. The broader focus underscores fundamental economic and political challenges that countries face in adjusting to the new world order of privately owned knowledge, and points to asymmetries in global politics that reinforce these challenges.

scholarly journals Economic Analysis of International Interaction: International Economics and International Political Economy

2013 ◽  
pp. 102-112
Author(s):  
A. G. Оleinov
Keyword(s):  
Political Economy ◽  
Economic Analysis ◽  
International Economics ◽  
International Political Economy ◽  
International Interaction

The article focuses on two major fields of economic analysis of international interaction: international economics and international political economy. Each of the areas is considered through its formal methodological foundations. An attempt to formulate a general theoretical and methodological foundations of economic analysis of international interaction is made.

IR, imperialism, and the Global South: From Libya to Venezuela

Politics ◽  
2021 ◽  
pp. 026339572110612
Author(s):  
Matteo Capasso
Keyword(s):  
Political Economy ◽  
Foreign Policy ◽  
International Relations ◽  
International Political Economy ◽  
Global South ◽  
Media Representations ◽  
Capitalist Development ◽  
Secondary Literature ◽  
The World ◽  
Growing Body

This article brings together two cases to contribute to the growing body of literature rethinking the study of international relations (IR) and the Global South: The Libyan Arab al-Jamāhīrīyah and the Bolivarian Republic of Venezuela. Drawing on media representations and secondary literature from IR and international political economy (IPE), it critically examines three main conceptual theses (authoritarian, rentier, and rogue) used to describe the historical socio-political formations of these states up to this date. Mixing oil abundance with authoritarian revolutionary fervour and foreign policy adventurism, Libya and Venezuela have been progressively reduced to the figure of one man, while presenting their current crises as localized processes delinked from the imperialist inter-state system. The article argues that these analyses, if left unquestioned, perpetuate a US-led imperial ordering of the world, while foreclosing and discrediting alternatives to capitalist development emerging from and grounded in a Global South context. In doing so, the article contributes to the growing and controversial debate on the meanings and needs for decolonizing the study of IR.

Non-Governmental Organizations

2021 ◽  
Author(s):  
Elizabeth Bloodgood
Keyword(s):  
Political Economy ◽  
Economic Development ◽  
International Relations ◽  
Interest Groups ◽  
Foreign Aid ◽  
Global Governance ◽  
International Political Economy ◽  
Governmental Organizations ◽  
Non Governmental Organizations ◽  
International Ngos

Research on non-governmental organizations (NGOs, often international NGOs, or INGOs) has advanced over the last several decades from demonstrating that NGOs matter in shaping economic development and foreign aid to examining the potential for NGOs to advocate for new rights, set standards for environmental protections, and establish alternative economic arrangements in international relations. The study of NGOs as organizations has opened their potential as interest groups as well as economic actors in their own rights. Moving forward, new data and new theory is needed to fully develop International Political Economy (IPE) understandings of NGO motives, intentions, strategies, and power in global governance.

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