John Ravenhill - Global Political Economy

SIXTH EDITION

Edited by

John Ravenhill

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Third Edition 2011

Fourth Edition 2014

Fifth Edition 2017

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Library of Congress Control Number: 2019947234

ISBN 9780198820642

ebook ISBN: 9780192552693

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The contributors to this book are delighted that it has proved sufficiently popular with instructors and students that the publishers have commissioned a sixth edition. As always, contributors have substantially revised their chapters for the new edition to reflect contemporary developments in the global economy.

My thanks to the contributors for the work they have put into their chapters, and for complying with the tight schedule required in publishing a book of this type.

Preparation of a volume of this size is a major task, which would not have been possible without the able assistance of Caleb Lauer, a PhD student in the Balsillie School of International Affairs, who had the major responsibility for preparing the manuscript to OUPs requirements, for updating the tables and figures in , and for updating the online resources for the book.

Every effort has been made to trace and contact copyright holders but this has not been possible in every case. If notified, the publisher will undertake to rectify any errors or omissions at the earliest opportunity.

My principal debt, as always, is to my wife, Stefa Wirga, who has provided encouragement and support throughout the project from its original conceptualization.

JOHN RAVENHILL

Students in Global Political Economy courses are often concerned about their lack of background in economics. While we provide concise explanations in this book for all of the key concepts that we use (and the book contains a comprehensive Glossary), students often want to go beyond this basic information to improve their knowledge of economics. The following books are useful introductions, written with the non-specialist in mind:

John Black, Nigar Hashimzade, and Gareth Myles, Oxford Dictionary of Economics, 5th edn (Oxford University Press, 2017).

James Gerber, International Economics, 7th edn (Pearson, 2017).

Donald Rutherford, Economics: The Key Concepts (Routledge, 2007).

Donald Rutherford, Routledge Dictionary of Economics, 3rd edn (Routledge, 2012).

For those who are comfortable with basic economic concepts, the following are the best introductory overviews of major theoretical approaches to international economics:

Peter B. Kenen, The International Economy, 4th edn (Cambridge University Press, 2000).

Paul Krugman and Maurice Obstfeld, International Economics: Theory and Practice, 11th edn (Pearson, 2017).

Thoroughly updated to incorporate recent developments such as the Trump administration, Brexit, and populism.

• Enhanced coverage of the political economy of the environment.
• New material on globalization, inequality, and poverty.

Brief Contents

1. John Ravenhill

2. Matthew Watson

3. Vinod K. Aggarwal and Cdric Dupont

4. Michael J. Hiscox

1. Silke Trommer

2. John Ravenhill

3. Eric Thun

1. Eric Helleiner and Melsen Babe

2. Louis W. Pauly

1. Anthony McGrew

2. Colin Hay

1. Robert Hunter Wade

2. Nicola Phillips

3. Peter Dauvergne