Sociocultural Investments and the International Political Economy of North-South Relations: The Role of Transnational Enterprises

Author(s):  
Karl P. Sauvant ◽  
Bernard Mennis
Author(s):  
Georg Menz

This new and comprehensive volume invites the reader on a tour of the exciting subfield of comparative political economy. The book provides an in-depth account of the theoretical debates surrounding different models of capitalism. Tracing the origins of the field back to Adam Smith and the French Physiocrats, the development of the study of models of political-economic governance is laid out and reviewed. Comparative Political Economy (CPE) sets itself apart from International Political Economy (IPE), focusing on domestic economic and political institutions that compose in combination diverse models of political economy. Drawing on evidence from the US, the UK, France, Germany, Sweden, and Japan, the volume affords detailed coverage of the systems of industrial relations, finance, welfare states, and the economic role of the state. There is also a chapter that charts the politics of public and private debt. Much of the focus in CPE has rested on ideas, interests, and institutions, but the subfield ought to take the role of culture more seriously. This book offers suggestions for doing so. It is intended as an introduction to the field for postgraduate students, yet it also offers new insights and fresh inspiration for established scholars. The Varieties of Capitalism approach seems to have reached an impasse, but it could be rejuvenated by exploring the composite elements of different models and what makes them hang together. Rapidly changing technological parameters, new and more recent environmental challenges, demographic change, and immigration will all affect the governance of the various political economy models throughout the OECD. The final section of the book analyses how these impending challenges will reconfigure and threaten to destabilize established national systems of capitalism.


Author(s):  
Seung-Uk Huh ◽  
Matthew S. Winters

A variety of policies implemented by the wealthy countries of the world can have an impact on economic development in poor countries. We argue that the field of international political economy has underinvested in studying the determinants of non-foreign-aid policies that affect development. We review literature from a set of eight policy areas where there are identifiable development consequences and discuss the findings of the International Political Economy (IPE) literature with regard to policy origins, changes, and consequences. We find a consistent role of non-governmental organization (NGO) pressure on wealthy-country governments in bringing about pro-development policies, although we also identify instances where pro-development policies originate in domestic and strategic interests. Overall, we argue that there is significant space for additional exploration through a development lens of how policies come into being in the wealthy countries of the world.


2021 ◽  
pp. 223-249
Author(s):  
Stephanie Lawson

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.


2011 ◽  
Vol 13 (3) ◽  
pp. 1-4 ◽  
Author(s):  
Chloe Thurston ◽  
Kathryn Bowen

The articles in this special issue of Business and Politics weigh in on the domestic political dynamics that continue to shape the international political economy, with a focus on the United States case. In this issue, Richard Carney discusses the role of New Deal–era farmers in shaping modern global financial standards, Daniel Kono analyzes the relationship between social policy and support for freer trade, and Kathleen Rehbein and Douglas Schuler examine the characteristics of business firms that are most likely to gain legislative and executive branch access in the area of trade policy. The two final articles provide insights into critical issues in ongoing policy debates. Irja Vormedal discusses the role of business strategies and “tipping points” in determining the support and failure of federal environmental regulation from 1990 through 2010, while Emily Yixuan Cao, Yong Cao, Rashmi Prasad, and Zhengping Shen argue that domestic politics continues (and will continue) to influence the character of U.S.-China exchange rate negotiations. This introduction to the special issue summarizes the contributions of these five articles and also situates them in relation to other contemporary political science debates.


2015 ◽  
Vol 23 (2) ◽  
pp. 52-93 ◽  
Author(s):  
Claude Serfati

This article examines the political economy of French imperialism from a critical Marxist perspective. It demonstrates how France has maintained a major role on the international scene, especially militarily, despite experiencing a relative decline in world economic power since the 1990s. In this regard, three features have marked the French imperial project: (1) the core role of state institutions and corporate elites in making French capitalism, and the protracted closeness of the state-capital nexus; (2) the strength of militarism in economic, political, and social realms; and (3) the consolidation of rentier interests not only in the corporate power bloc, but also at a political level. Over the past century, these three dynamics have underpinned and reinforced a particular project of empire in France – one that bears relevance to current debates on globalisation and the ‘new imperialism’. By examining these issues, this paper seeks to further develop the Marxist theory of international political economy.


Politics ◽  
2021 ◽  
pp. 026339572110547
Author(s):  
Hannes Baumann

The project to decolonise the curriculum revolves around rethinking margin and centre of the discipline. To the extent that the Middle East and North Africa (MENA) is at the margin of international political economy (IPE), it is the ideal entry point to decolonise the curriculum. I conduct a summative content analysis of the six most commonly used IPE textbooks. To what extent do they reproduce or challenge Eurocentric tropes in their treatment of MENA? The region is largely absent from IPE textbooks, suggesting it is accorded little agency in the making of the global political economy. To the extent that it is ‘brought in’, it is ‘ghettoised’ in a specialist chapter. A qualitative content analysis suggests the authors avoid overt orientalism but exceptionalise the region as a failure with too little democracy and economic growth and too much war. They acknowledge the role of continued colonialism in these failures but also deny agency of the colonised. They miss an opportunity to de-provincialise the Middle East by fostering ‘ecologies of knowledge’. The article provides an analytical framework for research on how IPE textbooks treat other world regions and of syllabi.


Author(s):  
Julian Germann

The introduction asks how Germany—a country long thought to be irrevocably European and committed to a more social market economy—could have emerged at the helm of a punitive program of neoliberalism within Europe. To resolve this puzzle, we need to revisit the crisis of the 1970s, when neoliberalism first appeared, and rethink the role of the German state in light of newly available archival material. From this viewpoint, Germany is revealed to be the “unwitting architect” of neoliberalism. Its parochial attempts to manage the crisis domestically promoted a regressive form of capitalism internationally that soon boomeranged back upon it, and which it promotes across Europe today so as not to practice at home. After a chapter-by-chapter summary of this argument, the Introduction lists the archival sources consulted for this book and discusses how an archival method can be integrated into critical International Political Economy.


2002 ◽  
Vol 11 (2) ◽  
pp. 171-195 ◽  
Author(s):  
Nicola Piper ◽  
Anders Uhlin

The aim of this article is to advance political economy and politics into migration studies by analyzing the role of transnational advocacy networks working on issues of trafficking and labor migration in East and Southeast Asia. Drawing on some empirical research, but mainly offering conceptual ideas, we demonstrate the importance of gender not only in trafficking and labor migration but also in transnational advocacy. First, we contextualize trafficking and labor migration within a gendered international political economy, focusing on existing power relations between genders, between classes and between states. Second, we examine the role of transnational advocacy networks in this context. In particular, we argue that a broader understanding of political opportunities and obstacles is needed. Emphasizing the transnational context and the importance of gender, we outline different types of opportunities and obstacles to advocacy in this particular area.


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