International Political Economy

Powerful Essays
A Review Paper of International Political Economy
Of Michael Veseth
Syville S. Sebastian
BPS 4-1
Prof. Adam Ramilo

“International Political Economy (IPE) is the rapidly developing social science field of study that attempts to understand international and global problems using an eclectic interdisciplinary array of analytical tools and theoretical perspectives” -Michael Veseth. The domain of International Political Economy is expanding beyond issues such as, international trade, international finance, North-South studies problems, as IPE shifts from the traditional concern of International politics to an even broader set of social, political and economic issues. As a Political Science major in International Relations student, it is a must to study every aspect of politics whether it is locally or international in scope. We have studied about international politics, international relations, and now we’re taking up International Political Economy. International Political Economy is an interdisciplinary social science field of study that studies problems associated with international trade, international finance, multinational corporations, hegemony and globalization. It is the study of political economy in a lager scope, internationally speaking. IPE attempts to understand international and global problems using an electric interdisciplinary array of analytical tools and theories. The growing prominence of IPE as a field of study is in part a result of the continuing breakdown of disciplinary boundaries between economics and politics in particular and among the social sciences generally. Increasingly, the most pressing and interesting problems are those that can be understood from a multidisciplinary, inter disciplinary or transdisciplinary point of view.
“International political economy (IPE), also known as Global political economy (GPE), is an academic discipline within the social sciences that analyzes international relations in combination

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