Amidst the continued debate surrounding the foundations of IPE, coupled with recent methodological and theoretical divides this book argues that an attempt should be made to re-visit the notion of the 'critical'. The challenge posed by contributors to this volume is to assess the development of so-called critical IPE and interrogate whether the theoretical foundations it was built upon have reached their potential. The essays in this volume take up this challenge in a number of different ways but all share a common concern - to re-assess the purpose of critical approaches, reflect on why certain social theorists have been favoured as a point of departure, yet others have largely been ignored. In light of recent debates on the notion of a 'trans-Atlantic divide' within IPE the collection the contributors aim demonstrates how the distinction between the 'critical' and the 'orthodox' (or 'empirical') is only significant if the 'critical' is geared towards a larger, more substantial body of critical social enquiry and engages with what it means to conduct such enquiry.

Challenging the assumptions of ‘mainstream’ International Political Economy (IPE), this Handbook demonstrates the considerable value of critical theory to the discipline through a series of cutting-edge studies. The field of IPE has always had an inbuilt vocation within Historical Materialism, with an explicit ambition to make sense, from a critical standpoint, of the capitalist mode of production as a world system of sometimes paradoxically and sometimes smoothly overlapping states and markets. Having spearheaded the growth of a vigorous critical scholarship in the 1960s and 1970s, however, Marxism and neo-Gramscian approaches became increasingly marginalized over the course of the 1980s. The authors respond to the exposure of limits to mainstream contemporary scholarship in the wake of the onset of the Global Financial Crisis, and provide a comprehensive overview of the field of Critical International Political Economy. Problematizing socioeconomic and political structures, and considering these as potentially transitory and subject to change, the contributors aim not simply to understand a world of conflict, but furthermore to uncover the ways in which purportedly objective analyses reflect the interests of those in positions of privilege and power.

Critical Perspectives on International Political Economy considers and revises the progress of critical thinking within IPE and engages with issues such as finance, the practices of health and work, the relevance of new social movements and the political economy of the Internet. In so doing it provides a possible map for the next stage of critical development in the study of International Political Economy.

The field of international political economy gained prominence in the early 1970s--when the Arab oil embargo and other crises ended the postwar era of virtually unhindered economic growth in the United States and Europe--and today is an essential part of both political science and economics. This book offers the first comprehensive examination of this important field's development, the contrasting worldviews of its American and British schools, and the different ways scholars have sought to meet the challenges posed by an ever more complex and interdependent world economy. Benjamin Cohen explains the critical role played by the early "intellectual entrepreneurs," a generation of pioneering scholars determined to bridge the gap between international economics and international politics. Among them were brilliant thinkers like Robert Keohane, Susan Strange, and others whose legacies endure to the present day. Cohen shows how their personalities and the historical contexts in which they worked influenced how the field evolved. He examines the distinctly different insights of the American and British schools and addresses issues that have been central to the field's development, including systemic transformation, system governance, and the place of the sovereign state in formal analysis. The definitive intellectual history of international political economy, this book is the ideal volume for IPE scholars and those interested in learning more about the field.

Understanding of the theories that underpin international political economy (IPE), and their practical applications, is crucial to the study of international relations, politics, development and economics. This is a comprehensive and accessible introduction to the field, with an engaging and coherent foundation to the subject. It considers traditional and alternative approaches to IPE, and in doing so elucidates key concepts, assumptions and the intellectual and historical context in which they arose and developed. At all times, it makes clear their relevance to issues from trade, finance and government, to environment, technology, health, labour, security, migration, development and culture. The book encourages independent reflection and critical thinking through a range of in-text guiding features. In addition, each chapter presents theoretical analysis alongside contemporary issues, helping the reader to relate to the real world of IPE and to better understand how theory helps inform interpretation of it. New to this edition: comprehensively updated to include key coverage of the post-2015 framework of the Sustainable Development Goals, the financial crisis and international government responses - successful or otherwise - to recent challenges; fully updated data, reflective questions, recommended readings, concept and example boxes, and illustrations; new chapters on health, migration and labour; additional coverage of trade theories and key contemporary issues, such as national versus human security, economic versus human development and illegal networks in global trade.

This book, now in its second edition, provides a comprehensive and up to date survey of the field of International Political Economy. Although the subject’s roots go far back, the modern field has developed along sharply divergent paths followed by different clusters of scholars. Today there are multiple versions of IPE, each with its own distinct personality. This book illuminates the full array of analytical styles and traditions to be found across the globe in this rich field of study.