The state strategy in today's global economy: a reset position in the theory of international political economy

2010 ◽  
Vol 2 (3) ◽  
pp. 297 ◽  
Author(s):  
Evaghoras L. Evaghorou
Keyword(s):  
Political Economy ◽  
Global Economy ◽  
International Political Economy ◽  
The State ◽  
State Strategy

scholarly journals Transnationalizing Capitalist Hegemony

2017 ◽  
Vol 42 (1) ◽  
pp. 26-40 ◽  
Author(s):  
Ian Taylor
Keyword(s):  
Political Economy ◽  
Global Economy ◽  
World Economy ◽  
International Political Economy ◽  
Critical Role ◽  
The State ◽  
Internationalization Process ◽  
Nation States ◽  
National Economies ◽  
Insight Into

The international political economy is increasingly underpinned by transnationalizing social and class forces that exercise their interests utilizing nation-states and institutions. Whereas the previous “world economy” was typified by interactions between distinct national economies, in the current “global economy,” service and production chains are ever more transnationalizing. In some readings, the notion of a “transnational state” has been advanced, with the state having broken out of its national limitations and become transnationalized. The transnational state thesis, however, is a concept too far. It denies the critical role played by the state in the internationalization process. Utilizing Poulantzas’ notion of an interior bourgeoisie, an alternative framework is offered that gives us an insight into the ongoing transnationalizing processes that mark the current contemporary stage of capitalism.

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.

10. Global Political Economy

2021 ◽  
pp. 223-249
Author(s):  
Stephanie Lawson
Keyword(s):  
Political Economy ◽  
Global Economy ◽  
Historical Perspective ◽  
International Political Economy ◽  
Global Politics ◽  
Traditional Role ◽  
Global Political Economy ◽  
The North ◽  
Role Of The State

This chapter offers an overview of the field of Global Political Economy (GPE)—also known as International Political Economy (IPE). It builds on themes introduced in previous chapters, including connections with theories of global politics. These are discussed from a historical perspective to enable a better appreciation of how ideas, practices, and institutions develop and interact over time. These theories arose substantially within a European context, although the extent to which these may be applied uncritically to issues of political economy in all parts of the globe must be questioned. Significant issues for GPE include trade, labour, the interaction of states and markets, the nexus between wealth and power, and the problems of development and underdevelopment in the global economy, taking particular account of the North–South gap. The chapter then discusses the twin phenomena of globalization and regionalization and the way in which these are shaping the global economy and challenging the traditional role of the state. An underlying theme of the chapter is the link between economic and political power.

scholarly journals Paradoxes of Prosperity in China's New Capitalism

2013 ◽  
Vol 42 (4) ◽  
pp. 17-44 ◽  
Author(s):  
Tobias Ten Brink
Keyword(s):  
Political Economy ◽  
Consumer Demand ◽  
International Political Economy ◽  
Chinese Economy ◽  
The State ◽  
Economic Dynamics ◽  
World Economic ◽  
New Capitalism ◽  
Industry Sectors

This article gives a broad characterization of China's political economy, as well as specific aspects of its socio-economic instabilities. With a focus on China's export-oriented industry sectors, concepts from comparative and international political economy are applied to show how the Chinese economy can be understood as a variegated form of state-permeated capitalism that at the same time is deeply integrated into world economic processes. The article goes on to portray the socio-economic dynamics, as well as the instabilities of China's new capitalism, that are at the root of the state leadership's attempts to turn away from a one-sided model of export and investment-driven growth. Thereby, a number of obstacles are revealed for the “rebalancing” of the economy: a continued dependence on exports, a lack of domestic consumer demand which impedes a significant “social” upgrading, the ongoing low-wage model for which there is no end in sight, the limits of the state's steering capacity and the weaknesses of its fragmented, competition-driven structure.

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.

scholarly journals The evolution of China's climate change policy: international and domestic political economy and a strategy for working with China

2021 ◽  
Vol 9s10 ◽  
pp. 69-98
Author(s):  
Hongyi Lai
Keyword(s):  
Climate Change ◽  
Political Economy ◽  
Climate Policy ◽  
Soft Power ◽  
Global Economy ◽  
International Political Economy ◽  
Climate Change Policy ◽  
Effective Theory ◽  
Partial Explanation ◽  
Change Policy

For over a decade China has been the predominant carbon emitter in the global economy. It is thus imperative for us to understand the factors behind its climate change policy in the past decades. In the article, the author surveys the evolution of China�s climate change policy during 1990�2021 and applies theories from international relations and international political economy to explain it. It is found that (neo-)realism/nationalism and liberalism, two main theories in the field, offer only a partial explanation of China�s climate policy. The most effective theory is domestic sources. In particular, leadership power consolidation and a concern with economic growth seem to dictate China�s climate policy. The findings point to the analytical utility of domestic political economy in accounting for the climate stances of nation-states. Policy suggestions for external parties to interact with China on climate change are proposed. There the importance of involving China in global action against climate change, as well as the utility of the economy and trade leverage, soft power standing, and the prevention of extreme weather are discussed.

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