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Book

Cover Global Political Economy

Edited by Nicola Phillips

Global Political Economy explores the breadth and diversity of this topic and looks at the big questions that matter today. It addresses essential topics and themes, such as poverty, labour, migration, and the environment. With a strong emphasis on ‘globalising’ the study of this subject, the text introduces the idea that it matters who is talking and writing. It explains that there are different ways of seeing the world, and that bringing together different theoretical and methodological perspectives adds to the depth and richness of understanding. In addition, chapters look at globalism and neoliberalism, finance, trade, production, health, climate change, inequality, crime, migration, and global governance.

Chapter

Cover Global Political Economy

9. Environment and climate  

Hayley Stevenson

This chapter begins by looking at mainstream and critical perspectives on the relationship between globalization and the environment. It shows how race and gender are implicated in the distribution of environmental harms, and how clean and safe environments in the Global North often come at the expense of communities in the Global South. A case study of green technology reveals that this asymmetry also characterizes efforts to transition to more sustainable societies. There are four key perspectives on globalization and the environment: liberal environmentalism, eco-Marxism, environmental justice, and ecofeminism. The chapter then turns to the topic of global governance to see how environmental multilateralism has developed over the past five decades, and the tensions that remain between global rules on trade and the environment.

Chapter

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14. Global governance  

Richard Jolly and Thomas G. Weiss

This chapter discusses ‘global governance’, the term now used widely to analyse the international system. Global governance consists of collective efforts to identify, understand, and address worldwide problems and processes that go beyond the capacities of individual states. The question of how to improve global economic governance can be understood by addressing the main ‘gaps’ in the international system: knowledge, norms, policies, institutions, leadership, and compliance. The chapter then presents three illustrations of current issues in global governance—and the gaps therein—to help in understanding international responses (both weak and strong) to communicable diseases, economic instability, and child welfare. Ultimately, addressing global governance problems requires more robust intergovernmental organizations (IGOs) and international non-governmental organizations (NGOs).