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Offering an accessible introduction to both the historical roots and the contemporary dynamics of today's world economy, this seventh edition equips students with the knowledge required to make sense of the fast-paced discipline of the global political economy. Illustrating the breadth of the subject, the authors show how the national and the international interact, while also placing an emphasis on the historical evolution of the world economy in order to appreciate the nuances of today's economy structures. It gives students a firm grounding in both traditional and critical theories of global political economy.
Tracing the global economy from its early origins through each phase of a shifting world order, the book takes a non-Eurocentric approach, covering both traditional elements of the global economy (such as trade and finance) while also addressing important contemporary areas of concern, including social inequality, cryptocurrencies, populism and protectionism. Reflecting the latest empirical and scholarly developments, this new edition offers: -A new chapter on race in the global economy, in dialogue with the growing body of postcolonial literature in the fieldRobert O'Brien is Professor of Political Science at McMaster University, Canada.
Marc Williams is Professor of International Relations, at The University of New South Wales, Australia.
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