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Global Political Economy
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Global Political Economy
Problems in a Transforming International Order



March 2025 | 344 pages | SAGE Publications Ltd

Taking first the profound transformations underway in the global political economy, this pathbreaking new text redefines how we understand trade, finance, money and labour. In this new problem-based approach, the core concerns of the global economy are joined by key topics, spanning energy to development, inequalities to illicit economies, reflecting the fluid and dynamic nature of contemporary GPE scholarship.

The book addresses four major transformations shaping the global political economy today: the questioning of the liberal international order, the rise of the Anthropocene, the technological advancements of the fourth industrial revolution, and the increasing significance of identity politics. These transformations are explored through a comprehensive framework that integrates diverse theoretical and methodological approaches, ensuring a nuanced understanding of real-world problems. Each chapter tackles key problems and global issues, from global energy dependency and rising inequality to the commodification of personal data and platform economies.

The book also emphasises the need for a truly global perspective, integrating lenses, concepts, voices, and ideas from scholarship all round the world. This inclusive approach broadens understanding and reflects the complexity and diversity of the global landscape. By adopting the stance of “hybrid GPE scholars,” the authors bridge the gap between different geographical and intellectual traditions, offering a rich and varied examination of contemporary GPE.

Global Political Economy is an essential resource, providing a fresh and relevant perspective on the field. It fosters critical discussions and debates, encouraging readers to rethink entrenched beliefs and engage with the ever-evolving landscape of global political economy.

 
Chapter 1: Worldviews and their Role for Global Political Economy Scholarship
 
Chapter 2: Understanding States and Markets
 
Chapter 3: Understanding Global Power Structures
 
Chapter 4: A Historical Perspective on the Relationship between States and Markets
 
Chapter 5: Four Transformations in the Global Political Economy in the 21st Century
 
Chapter 6: Global Trade in a Changing World
 
Chapter 7: The Increasing Frequency of Financial Crises
 
Chapter 8: The Politics of Money Creation
 
Chapter 9: The Transformation of Production and the Evolving Division of Labour
 
Chapter 10: Paradigms and Practices of Development
 
Chapter 11: Global Energy Dependency
 
Chapter 12: Inequalities Within Countries
 
Chapter 13: The Intertwining of Licit and Illicit Economies in the Global Political Economy
 
Chapter 14: The Commodification of Personal Data
 
Chapter 15: Global Health Threats

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ISBN: 9781529600803
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