Global Political Economy: Evolution and Dynamics

by Robert O'Brien

Offering an accessible introduction to both the historical roots and the contemporary dynamics of today's world economy, the extensively revised sixth edition of this bestselling textbook continues to lead the way in equipping students with the knowledge required to make sense of the fast-paced discipline of Global Political Economy. Illustrating the breadth of the subject, the book's authors – both highly regarded experts in the field – show how the national and international interact, while also placing an emphasis on the historical evolution of the world economy in order to appreciate the nuances of today's economic structures. The global economy is traced from the Industrial Revolution through each phase of a shifting world order to the modern day. Then follows an engaging exploration of the dynamics of today's economy, trade, production, finance, labour, gender, development, the environment, security and governance. This takes into account the latest developments in the global economy, from automation and the challenges posed to the labour force, to artificial intelligence and the increasing complex, global supply chains of modern transnational firms.This is the most authoritative and accessible textbook on global political economy, making it the ideal companion for students at undergraduate and postgraduate levels, on politics, international relations and related degrees.New to this Extensively updated to feature the latest empirical developments, including rising economic nationalism, US trade wars with China, and populism.- Brand new boxed features illustrate the latest dynamics, including the impact of digital technologies, artificial intelligence and automation, and the growth and consequences of increasing inequality.- Greater coverage of the sustained threats to the liberal international order and likely future scenarios.

Genres: Nonfiction, Politics, Economics, International Relations, Academic

444 pages, Hardcover

First published January 1, 2003

About the author

Librarian Note: There is more than one author in the Goodreads database with this name.

Reviews

[✨ Helena ✨ · Rating 3 out of 5]

This was my main textbook for my IPE course this term. It’s definitely a better alternative to studying Microeconomics and Macroeconomics, themselves, although, at times, this book assumed that I was well-versed in concepts that I wasn’t. Google was definitely my friend! I study POLITICS, INTERNATIONAL RELATIONS, and HISTORY, not ECONOMICS.

Having said that, the book is spilt into two parts. The first part is the historical background of how the political economy evolved into what it is today. The second part was about the current economy and the different issues that influence it. My prof chose mainly to focus on the illicit economy, as that is his area of expertise. I liked that this book wasn’t TOO DRY and had orange boxes on the pages that brought your attention to information you might not have known. It wasn’t too difficult to get into, but again, I’m not too fond of economic theory, so I probably wouldn’t recommend it to anyone, unless they were truly interested in IPE.

[Scott · Rating 4 out of 5]

Wow, I can't believe m International Political Economy book is on Goodreads! THis was the most straight forward of all the books that I read during my studies in Bristol. It had current relevan examples that helped me understand economics better than before. It was a real eye opener to the injustices of the world bank and the IMF. It encompassed so many ideas in simple and logical manners that made it enjoyable to study.

[Esther · Rating 4 out of 5]

Excellent overview of an emerging subject.. Gritty yet well balanced. I like the inclusion of gender, environment and labour.

[Vas ☀️ · Rating 5 out of 5]

Incredible, holistic and comprehensive analysis of the Global Political Economy. The really enjoyed the first 5 (introductory in my opinion) chapters since they provide you with a good understanding of global political economy history, and the history of it as an academic subject as well. As well as the final chapter that focus on some of the most pressing issues of the 21st century.

However, in order to acquire all that this book has to offer, one must have a background in international trade and a good understanding of micro and macroeconomics. Therefore it shouldn't be used as an introduction to global economics.

[Rosie K. · Rating 3 out of 5]

Read for Intro to IRG (International Relations and Global Studies) class.
Not the best textbook when it comes to dealing with the world. It's mostly true and correct, but there are many places where the authors' Eurocentric and/or capitalist lens shows.
When will we get textbooks written by POC, or at least with better treatment of POC (especially Indigenous) perspectives?

[Milagro OrtizBrenes · Rating 1 out of 5]

X era algo de la universidad

[H.S. Bourgi · Rating 4 out of 5]

An excellent overview of prevailing theories in the sphere of global political economy. O'Brien and Williams provide a great reconstruction of the current global paradigm and how it emerged, beginning with the industrial revolution. The text provides an interesting survey of the global economy, including international trade, transnational production, the global financial system and the global division of labour. A great reference tool for anyone looking to understand the political motives and paradigms behind economics.

[Ruby · Rating 3 out of 5]

Really easy to read and comprehend. Clearly set out and inclusion of historical perspective is really useful and - dare I say? - interesting.

[Revan Ahmedov · Rating 5 out of 5]

excellent

[Catalina · Rating 3 out of 5]

This book would have benefited from the perspectives of multiple authors. It is a good introductory course base, but I would not recommend it for upper levels or someone with background on the topic.