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Chapter

Cover International Relations of the Middle East

Introduction: The Middle East and International Relations  

Louise Fawcett

This introductory chapter provides an overview of the study of international relations in the Middle East. The two disciplines of international relations and Middle East studies are highly interdependent. No book on the contemporary politics of the Middle East can possibly ignore the way in which external forces have shaped the development of the region's politics, economics, and societies. Similarly, no international relations text can ignore the rich cases that the Middle East has supplied, and how they illuminate different theories and concepts of the discipline, whether in respect of patterns of war and peace, identity politics, or international political economy. The chapter then looks at some of the particular problems that arise in studying the international relations of the Middle East.

Book

Cover Global Political Economy

Edited by John Ravenhill

Global Political Economy presents a diverse and comprehensive selection of theories and issues. Debates are presented through a critical lens to encourage readers to unpack claims, form independent views, and challenge assumptions. This text has been updated with contemporary real word examples, including the impact of the Trump administration, Brexit, and economic nationalism. Furthermore, new analysis has been added on the international political economy of work, labour, and energy.

Chapter

Cover The Politics of International Law

7. Global economic and trade governance  

This chapter addresses the intersection of international law and international politics as it relates to global trade. To study global economic governance is to study international law, international relations, and international political economy (IPE) all at once. The chapter begins with a brief introduction to IPE, a discipline which seeks to understand the workings of the global economy in its political context. It examines the relationship between economic globalization and state sovereignty, before turning to the construction of the postwar global economic order, with a focus on the Bretton Woods institutions. The postwar global economic order has often been described as ‘liberal’ by virtue of its underlying assumptions and the ideological convictions of its framers. Importantly, the postwar liberal order was built by, and for, the developed countries of the Global North-a fact that has informed critiques emanating from the developing countries of the Global South. The chapter then assesses global trade governance, analysing the structure, powers, and role of the World Trade Organization.

Chapter

Cover International Relations Theories

14. Green Theory  

Robyn Eckersley

This chapter examines how environmental concerns have influenced International Relations theory. It first provides a brief overview of the ecological crisis and the emergence of green theorizing in the social sciences and humanities in general, along with the status and impact of environmental issues and green thinking in IR theory. It then investigates green theory’s transnational turn and how it has become more global, while critical IR theory has become increasingly green. It also considers the different ways in which environmental issues have influenced the evolution of traditional IR theory. It concludes with a case study of climate change to illustrate the diversity of theoretical approaches, including the distinctiveness of green theories.

Chapter

Cover Politics

9. Political Economy: National and Global Perspectives  

This chapter examines the field of political economy from a historical, comparative, and international perspective, focusing on how ideas, practices, and institutions develop and interact over place and time. It first provides an overview of political economy as a field of study before discussing some important theories such as Marxism, liberalism, and economic nationalism. It then considers key issues such as the interaction of states and markets and the North–South divide, along with Karl Marx's critique of international political economy (IPE). It also explores the post-war international economic order and the twin phenomena of globalization and regionalization in the post-Cold War era before concluding with an analysis of the ‘boom and bust’ episodes in the global capitalist economy such as the global financial crisis of 2008.

Chapter

Cover European Political Economy: Theoretical Approaches and Policy Issues

13. Health and Inequality  

Jappe Eckhardt

This chapter discusses the main themes defining health policy as a growing field of scholarship within the European Political Economy (EPE). It primarily focuses on following four theoretical approaches: European Open Economy Politics, Growth Models EPE, Ideational EPE, and Critical and Feminist EPE. Due to increased transnational risks of pandemics, the determinants of health started to spill over national borders and private actors started to play a more prominent role in health policy. European political economy/international political economy scholars made great progress in understanding health policy outcomes and their implications, but their research agenda on health policy is still much less developed compared to more traditional issue areas. The chapter then considers possible notions for future research, such as regime complexity, and comparative capitalism.

Chapter

Cover International Relations and the European Union

9. The European Union and the Global Political Economy  

Amy Verdun

This chapter examines the position of the European Union (EU) in the global political economy (GPE). It also highlights key dimensions of change and development, and evaluates the EU’s impact on the operation of the contemporary GPE. It does this by examining key ideas in international political economy (IPE), by relating these to the growth of the EU, and by assessing the EU’s role in the GPE in three areas: European integration itself, the EU’s engagement in the GPE, and the EU’s claims to be a major economic power. The final part of the chapter brings these together with an analysis of global economic governance—in particular, the EU’s role in the financial, multilateral state system with its principles of global governance, and pays some attention to recent crises (such as the Covid-19 pandemic) and the Russian invasion of Ukraine.

Chapter

Cover The Globalization of World Politics

16. Global political economy  

Nicola Phillips

This chapter introduces the field of international political economy (IPE), the themes and insights of which are reflected in the global political economy (GPE), and what it offers in the study of contemporary globalization. It begins with three framing questions: How should we think about power in the contemporary global political economy? How does IPE help us to understand what drives globalization? What does IPE tell us about who wins and who loses from globalization? The chapter proceeds by discussing various approaches to IPE and the consequences of globalization, focusing on IPE debates about inequality, labour exploitation, and global migration. Two case studies are presented, the first looking at global value chains (GVCs) and global development and the second dealing with globalization and child labour.

Chapter

Cover International Relations Theories

16. International Relations, the Environment, and Green Theory  

Robyn Eckersley and Olaf Corry

This chapter examines how environmental concerns have influenced International Relations theory. It first provides a brief overview of the ecological crisis and the emergence of green theorizing in the social sciences and humanities in general, along with the status and impact of environmental issues and green thinking in IR theory. It then investigates green theory’s transnational turn and how it has become more global, while critical IR theory has become increasingly green. It also considers the different ways in which environmental issues have influenced the evolution of traditional IR theory. In the case study, climate change is explored to highlight the diversity of theoretical approaches, including the distinctiveness of different green approaches, in understanding how the international is relevant to global environmental crisis.

Chapter

Cover Introduction to Politics

22. Global Political Economy  

Stephanie Lawson

This chapter provides an overview of the field of Global Political Economy (GPE), also known as International Political Economy (IPE). It begins with a discussion of how GPE/IPE has developed as a major focus of study within the broader field of global politics over the last four decades. It then considers the rise of mercantilism as a theory of GPE, along with its relationship to nationalism and colonialism. It also examines the emergence of liberal political economy, Marxism and critical IPE, and the international economic order after World War II. In particular, it looks at the Bretton Woods system, which emerged after the war as a compromise between liberalism and nationalism. The chapter concludes with an analysis of international political, economic, and social problems associated with the North–South gap, globalization and regionalization in the post-Cold War period, and financial crises that rocked the global economic system.

Chapter

Cover European Union Politics

6. Theorizing the European Union after Integration Theory  

Ben Rosamond

This chapter deals with recent theoretical work on the European Union. Three broad analytical pathways are discussed: comparative political science; a revitalized international relations (IR); and ‘critical theories’. This chapter discusses in turn the contribution to EU studies of comparative political science in general and new institutionalist political science, and in particular the emergence of social constructivist approaches to the EU, IR’s contribution to the theorization of EU external action, together with approaches from the subfield of international political economy (IPE), and a variety of critical theoretical readings of the EU. The chapter also explores how IR theories might be brought back into EU studies. The purpose of the chapter is to show how the EU still raises significant questions about the nature of authority, statehood, and the organization of the international system. These questions are doubly significant in the present period of crisis, where the issue of ‘disintegration’ comes to the fore.

Chapter

Cover I-PEEL: The International Political Economy of Everyday Life

1. Introduction  

This chapter introduces the rationale for everyday international political economy (IPE). IPE is primarily concerned with the interrelationship of wealth and power across state borders. Whether through the sites of routine behaviour, the role of popular culture, or the stuff of mass consumption, everyday IPE has sought to show that the economy is continually remade in, and through, our daily lives. The chapter then identifies the lineages of everyday IPE which draw from the influences of theoretical traditions such as liberal, economic nationalist, Marxist, feminist, black, and post-structural theories. It also describes the I-PEEL approach and its implications for learning about and doing IPE. The I-PEEL approach looks at interrelated daily life experiences and explores how social relations of class, gender, race, nationality, and others sustain and subvert global inequalities.