E-Book Overview
What are the cutting edge debates in global political economy? This book presents an invaluable overview of all the major contemporary debates and approaches at the forefront of European and North American global political economy. The book covers the following topics:* the six central concepts of global political economy: state, firm, capital, power, labour and globalisation* theories at the frorefront of GPE: rational choice, neo-institutionalism, neo-Marxism, constructivism and postmodernity* recent developments in theoretical approaches such as game theory, modern rational and public choice theory, development theory, historical sociology* how global political economy is best understood in terms of three traditions of political economy: Marxism, rationalism and hermeneutics/institutionalismNo other book provides such succinct summaries, by international experts in the field, of such topical and wide-ranging issues. This book represents an essential textbook, ideal for students and lecturers in International Political Economy and International Relations.
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Global Political Econom.y Contemporary theories Edited by Ronen Palan London and New York First published 2000 by Routled� I I New Feller Lane, London EC4P 4EE Simultaneously published in the USA and Canada by Routledge 29West 35th Slreet, New York, NY 1000 I Reprinted 2002 lWutkdge is an imprinJ 'Iftk Taylor & Francis Group © 2000 Selection and editorial material Ronen Palan; individual chapters the contributors Typeset in BaskCIVille by Taylor & Francis Books Ltd Printed and bound in Great Britain by St Edmundsbury Press Ltd, Bury St Edmunds, Suffolk AU rights reseJVed. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. British library CaJn/oguing in Publicalion DaItl A catalogue record for this book is available from the British Library library 'IfCo.ngms CaJn/oging in Publicalion DaItl Global political economy: contemporary theories / edited by Ronen Palan. p. cm. (Routledge/RIPE studies in global political economy) Includes bibliographical references and index. I. International economic relations. 2. Economic policy. I. Palan, Roncn. II. Series HF1411.G64692000 337-di:21 00-020054 ISBN 0-415 -20488 7 (hbk) ISBN 0--415- 20489-5 (Pbk) To Susan Strange - teacher and friend Contents List oj illustrations Notes on contributors Series editors'priface Acknowledgements List oj abbreviations 1 New trends in global political economy ix x Xlll xv XV] 1 RONEN PALAN PART I 2 Key categories in the global political eCODOm.y 19 Structuring the political arena: public goods, states and governance in a globalizing world 21 PHILIP G. CERNY 3 Approachin� the organisation of econonUc activity in the age of cross-border alliance capitalism 36 RICHARD PHILLIPS 4 The use and misuse of power analysis in international theory 53 STEFANO GUZZINI 5 Capital accumulation: breaking the dualism of 'economics' and 'politics' 67 JONATHAN NIT ZAN AND SHIMSHON BICHLER 6 Labour and IPE: rediscovering human agency ROBERT O'BRIEN 89 V1l1 7 Contents Globallsation: tDend or project? 100 PHILIP MCMICHAEL PART II 8 Theoretical innovation and contemporary debates 115 Game theory: international trade, conflict