International political economy: contexts, issues and challenges

"This book is a comprehensive introduction to the theories and recent debates on international political economy (IPE). It illustrates the theoretical ideas of the discipline and provides an in-depth understanding of regional and global political economy. The book focusses on the functioning of states and the economy within the perspective of world politics. It explores the theories realism, liberalism, liberal interdependence, hegemonic stability and dependency vis-à-vis the contemporary global economic and political scenario. It provides a historical overview into the developments in the field and study of international political economy, institutions such as the International Monetary Fund, World Bank and World Trade organization, the effects of globalization, movement of capital and the contested relationship between human development and democracy. The book examines the effects of neoliberal policies on the functioning of states and highlights the challenges and dilemmas of prioritizing development especially for developing countries. The author also looks at regional formations like the EU, NAFTA, ASEAN, SAARC, APEC and BRICS and their contributions in political and economic cooperation and trade. The book will be useful to the students, researchers and faculty working in the field of political economy, international relations, economics, political science and development studies"--

Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- List of Figures -- List of Tables -- Preface -- Chapter 1: Theories of International Political Economy -- Introduction -- Realism -- Liberalism and Liberal Interdependence Theory -- Hegemonic Stability Theory -- Dependency Theory -- Conclusion -- Summary -- Review and Reflection Questions -- References -- Chapter 2: Introduction and Historical Overview: Capitalist Transformation -- Introduction and Historical Overview: Capitalist Transformation -- European Feudalism and Transition to Capitalism -- Capitalism: Basic Features, Accumulation and Crisis, the Modern Corporations, Monopoly Capitalism and Imperialism -- Basic Features of the Capitalist Mode of Production -- Accumulation and Crisis -- The Modern Corporations -- Monopoly Capitalism and Imperialism -- Development of Capitalism in the Pre-Second World War Period and the 'Golden Age' of Capitalism -- Conclusion -- Summary -- Review and Reflection Questions -- Notes -- References -- Chapter 3: Developments in IPE: Post-Second World War Developments -- Introduction -- The Bretton Woods System: Evolution and Collapse -- IMF -- World Bank -- GATT/WTO -- Globalization and MNCs: Issues Related to Global Trade and Security -- Conclusion -- Summary -- Review and Reflection Questions -- Notes -- References -- Chapter 4: Changing Dynamics of Capitalist Production -- Introduction -- Organizational Forms: Fordist and Post-Fordist Modes of Production -- Markets and Labour Process: Changing Nature of Job Security and Labour Rights -- Conclusion -- Summary -- Review and Reflection Questions -- Note -- References -- Chapter 5: The State in the Era of Globalization -- Introduction -- Globalization: Concept and Theories -- Globalization and the Limits of the Welfare State -- Development and State Autonomy.