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This chapter discusses global politics in relation to the phenomenon of globalization. ‘Global politics’ as a field of study encompasses the traditional concerns of International Relations with how states interact under conditions of anarchy, but lays greater emphasis on the role of non-state actors and processes in a globalizing world. The chapter first provides an overview of politics in a globalizing world before explaining the basic distinctions between ‘state’ and ‘nation’ in the context of contemporary global politics. It then considers the variation in state forms and the phenomenon of empire throughout history as well as the historical emergence of the modern state and state system in Europe along with ideas about sovereignty and nationalism against the background of ‘modernity’. It also examines the effective globalization of the European state system through modern imperialism and colonialism and the extent to which these have been productive of contemporary global order.

This chapter summarizes the text’s various arguments. It first considers the relationships between the study of political philosophy, political institutions, and international relations and suggests that the study of politics cannot be divorced from the study of other social sciences such as economics, sociology, psychology, philosophy, law, and history. It also contends that the study of politics should be seen as a genuinely international and comparative enterprise and explains how trends in globalization have further eroded the distinctions between domestic and international politics and between the domestic politics of individual nation-states. Finally, it discusses the rise of the so-called ‘new medievalism’, a scenario in which the world is moving towards greater anarchy; signs that global power is shifting from the West to the East; and developments showing that domestic politics and international relations are mutating.

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.