Global Political Economy: Evolution and Dynamics

"áThis new edition continues to provide an outstanding introduction to this rapidly changing field taking full account of scholarly trends and of the impact of global transformations in manufacturing and finance on the structure of international power.' - Craig N. Murphy, Wellesley College, USA" "A Well-pitched, concise and accessible introduction to the fast-changing field of international political economy. Students will be engaged by the authors' judicious blend of theory, history, and contemporary evidence.' - Louis W. Pauly, Director, Centre for International Studies, University of Toronto, Canada" "After a period in which the global economy appeared prosperous and stable, the first decade of the 21st century has witnessed a financial and economic crisis that is reshaping the landscape of global political economy. The third edition of this highly popular and widely used text takes full account of the crisis, while continuing to provide a concise and historically grounded introduction to global political economy." "The authors first trace the evolution of the global economy, from its roots in the fifteenth century, through the Industrial Revolution, and to the post 1945 world order. They then proceed to explore in more detail the dynamics of today's global political economy, providing systematic coverage of the key spheres of activity, from trade, production and finance to social divisions, development, the environment, ideas, governance and - new to this edition - security" "Lucid, engaging and authoritative, Global Political Economy introduces an unusually wide range of theoretical approaches, moving beyond a traditional three-paradigm perspective to show how these theories can be applied and how useful they are in tackling key issues and developments." áThe new third edition of this unusually wide-ranging and historically informed introduction to the field of International Political Economy is better than ever, with expanded treatment of theoretical perspectives and a thorough updating of contemporary developments. ---Benjamin Jerry Cohen, University of California, Santa Barbara, USA.

This is the new third edition of this popular and successful text on the contemporary global political economy and its historical evolution has been systematically revised and updated throughout. The impact of the banking and broader crisis is fully covered and new chapters have been added on security and on theories and methods.

ROBERT O'BRIEN holds the LIUNA/ Enrico Henry Mancinelli Professorship in Global Labour Issues at McMaster University, Canada. He has published books and articles on the subjects of international trade, global labour issues, social movements and international economic institutions, global social policy.

MARC WILLIAMS is Professor of International Relations at the University of New South Wales, Australia. His research focuses on global environmental politics, social movements, and global economic governance.