Global Political Economy: Theory and Practice

Theodore Cohn and Andy Hira's "Global Political Economy" provides a comprehensive framework for analyzing current events and long-term developments in the global economy, emphasizing theory and practice. The eighth edition covers the rise of populism, Brexit, the USMCA, US-China trade wars, tariffs, refugees, global migration, the Keynesian-monetarist debate, Fordism, automation, the gig economy, global value chains, climate change, cryptocurrencies, and the residual effects of global economic crises.

Format: Paperback / softback
Length: 446 pages
Publication date: 08 September 2020
Publisher: Taylor & Francis Ltd

The eighth edition of Global Political Economy, a highly acclaimed textbook renowned for its comprehensive and authoritative coverage of international political economy (IPE), has been extensively revised and updated to reflect the latest developments and trends in the field. Written by esteemed IPE scholar Theodore Cohn, this esteemed textbook is now complemented by the invaluable contributions of Andy Hira, further enhancing its depth and breadth.

In its revised edition, Global Political Economy places the study of IPE within a broad theoretical context, providing students with a comprehensive understanding of the complex interplay between politics, economics, and global systems. The book has been meticulously updated to encompass the rise of populism, Brexit, the USMCA, the US-China trade wars, tariffs, refugees, and global migration, as well as the Keynesian-monetarist debate, Fordism, automation, the gig economy, global value chains, climate change, cryptocurrencies, and the residual effects of global economic crises and regional relationships and impacts.

The eighth edition of Global Political Economy equally emphasizes theory and practice, offering a comprehensive framework for analyzing current events and long-term developments in the global economy. It serves as an invaluable resource for both introductory and advanced IPE courses, equipping students with the tools they need to understand the complex dynamics shaping the world today.

One of the key strengths of this textbook is its ability to provide a holistic and interdisciplinary approach to IPE. It seamlessly integrates various disciplines, including political science, economics, sociology, and geography, to offer a comprehensive analysis of global economic processes and their political implications. This interdisciplinary approach not only enhances students' understanding of IPE but also fosters critical thinking and problem-solving skills, which are essential in today's rapidly changing world.

In addition to its theoretical framework, Global Political Economy offers practical insights and applications to real-world events and issues. The book provides detailed case studies and examples from around the world, allowing students to apply the theoretical concepts learned to understand and analyze contemporary global challenges such as economic inequality, trade policy, geopolitical tensions, and environmental sustainability.

The eighth edition of Global Political Economy has been extensively revised and expanded to include new chapters and content. It delves deeper into the growing US-China competition in various areas of the global political economy, discussing the challenges and opportunities posed by this rivalry. It also explores the impact of Brexit on Britain and the European Union, highlighting the political, economic, and social implications of the UK's departure from the EU.

The book also focuses more on environmental degradation, climate change, and the increase in global migration, recognizing the urgent need to address these pressing issues. It incorporates a new theme of South-South global economic relations, highlighting the growing importance of developing countries in shaping the global economy and the challenges they face in achieving sustainable development.

Global Political Economy also emphasizes the relationship between economics, geopolitics, and security issues. It explores how economic policies, trade agreements, and international institutions shape geopolitical dynamics and vice versa, highlighting the complex interplay between these three domains. This approach helps students understand the interconnectedness of global systems and the importance of international cooperation in addressing global challenges.

Another notable feature of the eighth edition is its emphasis on global value chains. It examines the structure, dynamics, and implications of global value chains, which are networks of interconnected industries and supply chains that span across borders. The book discusses the benefits and challenges of global value chains, including their role in promoting economic growth, job creation, and innovation, as well as their potential for exploitation and inequality.

In conclusion, the eighth edition of Global Political Economy is an exceptional textbook that offers comprehensive and authoritative coverage of international political economy. Written by leading scholars in the field, it combines theory, practice, and interdisciplinary perspectives to provide students with a deep understanding of the complex dynamics shaping the global economy. With its revised and expanded content, practical insights, and interdisciplinary approach, this textbook is an invaluable resource for both introductory and advanced IPE courses, equipping students with the tools they need to navigate the complex and interconnected world of international politics and economics.

Weight: 670g
Dimension: 152 x 228 x 28 (mm)
ISBN-13: 9780367512507
Edition number: 8 New edition