International Political Economy

Thomas Oatley is the Corasaniti-Zondorak Chair of International Politics in the Department of Political Science at Tulane University.

Praise for International Political EconomyThis is, hands down, the single best textbook I have used for any class in more than two decades of university teaching. It achieves that difficult and elusive goal of conveying complex material at a high level while also making it very accessible and understandable. The result is an invaluable IPE text that brings the students up to the level of the material rather than the reverse.Strom Thacker, Union CollegeOatley's IPE textbook is simply the best of its kind. It is comprehensive, analytically rigorous, and thoughtfully written for students with no previous background in the field. David A. Singer, Massachusetts Institute of TechnologyThis is an outstanding introduction to the field of international political economy. Crucially for a textbook, it finds the right balance between theory and context. It provides an engaging and well-written introduction to key developments in world economic history, while also introducing the essential tools that are necessary to interpret these developments. Added to this, students will find it full of engaging real world examples that bring the subject to life. It should be considered as a standard text for all IPE courses at undergraduate level.Michael Breen, Dublin City UniversityThomas Oatley's text lays out the foundations of IPE. With constant reference to both historical cases and current policy concerns, it provides both an academic introduction to the issues concerning the field and a vivid application to familiar events. Students reading this book will be empowered to assess the global economy and its effects from a theoretically and empirically informed perspective.Michael Plouffe, University College LondonExpertly bridging the disciplines of economics and political science, Thomas Oatley’s book has inspired, disciplined, and transformed a new generation of scholars and students.Andrew X. Li, Central European UniversityOatley's textbook represents a masterful introduction to the field of international political economy. The book provides an accessible yet sophisticated overview of the subject for beginners. The society- and state-centered approaches equip students with the theoretical building blocks to understand who wins and who loses from globalization. Each superb new edition gives updated empirical examples, keeping the text timely. I have been using it with students in my classes for a decade.James Raymond Vreeland, Princeton University

• Preface Acknowledgments CHAPTER 1 International Political Economy CHAPTER 2 The WTO and the World Trade System CHAPTER 3 The Political Economy of International Trade Cooperation CHAPTER 4 A Society-Centered Approach to Trade Politics CHAPTER 5 A State-Centered Approach to Trade Politics CHAPTER 6 Trade and Development I: Import Substitution Industrialization CHAPTER 7 Trade and Development II: Neoliberalism and Institutionalism CHAPTER 8 Multinational Corporations in the Global Economy CHAPTER 9 The Politics of Multinational Corporations CHAPTER 10 The International Monetary System CHAPTER 11 Cooperation, Conflict, and Crisis in the Contemporary International Monetary System CHAPTER 12 A Society-Centered Approach to Monetary and Exchange-Rate Policies CHAPTER 13 A State-Centered Approach to Monetary and Exchange-Rate Policies CHAPTER 14 Developing Countries and International Finance I: The Latin American Debt Crisis CHAPTER 15 Developing Countries and International Finance II: The Global Capital Flow Cycle CHAPTER 16 The Achievements of and Challenge to the Global Capitalist Economy Glossary References Index