Global Political Economy: Perspectives, Problems, and Policies

What lies ahead for the global political economy? How can policy makers channel economic development to increase the chances for peace and prosperity? From a range of competing theoretical viewpoints--liberal, Realist, and Marxist--Stephen Gill and David Law examine how politics help shape international economic relations and how economic changes and structures affect political forces.

The Global Political Economy explores contemporary policy questions in such areas as militarization; technology and transnational corporations; money, exchange rates, and capital flows; and trade. Relating these policy questions to seleted case studies, the authors reveal the interdependence of the global political economy in East-West reltions, North-South relations, and the political economy of energy.

Gill and Law stress three broad trends as the book's unifying themes: the globalization of national economies, the domination of international security by military-industrial rivalry, and the effects of both of these on global ecological changes. Students and professionals in international studies, international relations, and international political economy will find this book useful.