Page 6 - Global Political Economy_Understanding The International Economic Order

Contents

List of Abbreviations and Acronyms ix
Preface xi

ONE. The New Global Economic Order 3
Changes in the World Economy 5
Intellectual Perspectives 13
My Perspective: State-centric Realism 15
Purpose of Economic Activity 23
Conclusion 24

TWO. The Nature of Political Economy 25
What You Seek Is What You Find 31
The Nature of an Economy 38
Embeddedness of the Economy 41
Conclusion 45
THREE. The Neoclassical Conception of the Economy 46
The Discipline of Neoclassical Economics 46
Nature of a Market 54
Method of Comparative Statics 57
Intellectual Limitations 60
Economists and Public Policy 69
Comparison of Economics and Political Economy 74
Conclusion 76
FOUR. The Study of International Political Economy 77
Distribution of Wealth and Economic Activities 78
National Autonomy 80
The Politics of International Regimes 82
Theory of Hegemonic Stability 93
Governance of the Global Economy 97
Conclusion 102

FIVE. New Economic Theories 103
Change and Neoclassical Economics 104
World View of the New Theories 106
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