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Chapter

Cover Global Politics

7. Money  

This chapter focuses on the origins and function of money within the field of global politics. It covers the myth that money developed in a politically neutral way as the most functional mode of exchange. Instead, money’s emergence and function has been deeply intertwined with the power and violence of the empire, including its conquests and enslavements. Thus, the influence of politics and economics on one another is impossible to detach in terms of contemporary global politics. The chapter then expounds on the historically strong connection between money and state power. Additionally, it also tackles the possible future of money which involves cyptocurrencies and local currencies.

Book

Cover Global Politics

Aggie Hirst, Diego de Merich, Joe Hoover, and Roberto Roccu

Global Politics: Myths and Mysteries provides an introduction to key concepts in international relations, aiming to expose the myths of the discipline. The text starts off with an introduction to the topic asking the question: what exactly is myth-making? The chapters then look at key concepts in turn, starting with politics and power. They move on to examine ethics, violence, and law. Next the text analyses the world of finance with a chapter on money. Empire is the subject of the chapter that follows. The last two chapters cover capitalism and state. Finally, the text concludes and considers the notion of change as it relates to global politics.

Chapter

Cover The Globalization of World Politics

20. International organizations in world politics  

Susan Park

This chapter examines the role that international organizations play in world politics. It explains what international organizations are, whether we need international organizations in international relations, and what constraints and opportunities exist for international organizations to achieve their mandates. The chapter also considers the reasons why states create international organizations and how we can analyse the behaviour of such organizations. Two case studies are presented: the first is about the Asian Infrastructure Investment Bank, and the second is about the United Nations Conference on Trade and Development (UNCTAD) and the G77. There is also an Opposing Opinions box that asks whether multilateralism is in crisis.