What is International Political Economy? An excerpt from an article by Michael Veseth. What is IPE? 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. IPE is a field that thrives on the process that Joseph Schumpeter called "creative destruction." The growing prominence of IPE as a field of study
Premium Political science Social sciences Economics
Marxist transformative theory and theories of idealism and realism” Assumption 1 Firstly‚ like Realism‚ Marxist transformative theory assumes that the structure of the international system is an important factor to consider when we want to understand international relations. Whereas realism places emphasis on the anarchic political structure of the world‚ Marxist transformative theory emphasises the fundamental production (economic) structure and the difference places taken up by states‚ societies
Free Marxism Socialism Communism
International Relations Glossary Nation State A form of political organization under which a relatively homogeneous people inhabits a sovereign state. Sovereignty Denotes a single‚ supreme political decision-making authority. In early modern Europe the Monarch was the Sovereign. In modern states sovereignty tends to lie with the executive arm of government. A controversial term‚ sovereignty relies on authority‚ not power. That is‚ the sovereign claims the right or authority to decide matters
Premium International relations Sovereignty Political philosophy
Somalia 1993 Cause and Effect‚ U.S. Involvement‚ & Scale of the Conflict The Somali conflict was created by a succession of events. Back in 1991‚ President of Somalia‚ Mohammed Siad Barre‚ was overthrown by a coalition of opposing clans called the United Somali Congress. Four main groups turned the country into a battlefield trying to gain control over the country. In the meantime a 5th group seceded from the northwest portion of Somalia calling it the Somaliland Republic‚ with its leader
Premium Somalia
Realism in International Relations The video begins with a lecture from professor Richard Betts who is the director of the institute of War and Peace studies and director of the International Security Policy program in the School of International and Public affairs at Columbia University. In the lecture video he was discussing and explaining the many different theories of realism. Realism is a theory of how the world usually works. Realism is not a blueprint to how things should work in special
Premium United Nations Peace Realism
hInternational Political Economy IPE is about interplay of economics and politics in world affairs. The core question of IPE is: what drives and explains events in the world economy? For some peoplethis comes down to a battle of ‘states versus markets’. The ‘markets’ for world economy are not like local Street bazaars in which all items can be openly and competitively traded and exhanged. Equally‚ politicians cannot rule the global economy. World markets and countries‚ local firms and multinational
Premium Economics
A political system is an aspect of the social system‚ and political activity and study is a special category of social activity and study. The boundary of politics is often not clear‚ so that‚ for example‚ actions of trades union leaders may sometimes be induded in politics and sometimes not. The same is true of activities in areas more often thought of as economic‚ cultural and so on. For the purpose of analysis‚ the political system may be separated from economic and other systems but in practice
Premium Sociology Law
POL 202: Introduction to International Relations Study Questions for Exam 3 Networks What role do transnational organizations and networks play in the boomerang model? In the boomerang model NGOs in one state are able to activate transnational linkage to bring pressure from other states on their own governments. When NGOs are blocked from influencing their own government they can activate their transnational networks and bring their plight to the attention of NGOs to other countries. TANs
Premium Human rights Universal Declaration of Human Rights
INTRODUCTION TO INTERNATIONAL RELATIONS 2009-2010 175ISS FACULTY OF BUSINESS‚ ENVIRONMENT AND SOCIETY MODULE LEADER: DR SIMON MASSEY COURSEWORK 2: QUESTION 2: In the context of the idea of “Nationalism”‚ what are the differences between the Scottish National Party and the British National Party? BODY OF WORK Being today a central issue of the modern world‚ Nationalism‚ a term from nasci which means “to be born”‚ has most of the time been considered as a 19th century phenomenon‚ connected
Premium United Kingdom Scotland England
International Labor Relations Companies that operate across national boundaries often need to work with unions in more than one country. Organizations establish policies and goals for labor relations‚ for overseeing labor agreements‚ and for monitoring labor performance. The day-to-day decisions about labor relations are usually handled by each foreign subsidiary. The reason is that labor relations on an international scale involve differences in laws‚ attitudes‚ and economic systems‚ as well
Premium Negotiation