POL208Y1 Lecture Notes - Lecture 7: International Political Economy, Autarky, Comparative Advantage
Document Summary
In ir, material inequality is looked at from the international political economy (ipe) perspective: linking economics with politics to explain winners and losers/haves and have-nots. The ipe perspective thus determines economic outcomes via politics and vice versa: states, groups within states, such as skilled vs. unskilled labour and other economic sectors, transnational groups/institutions, such as the wtf, imf, world bank, etc. Ipe only gained prominence during the 1970s, when economic crises and rising economic powers gained attention. Issues ipe concerns itself include: trade, currency exchange and monetary policy, international nance and capital ows, justice in the distribution of economic bene ts. This issue in particular is important and will be focused on. E. g. producing great gures in certain elds, such as sports or statesmanship. Actors who can in uence the presence of inequality in the world can include: 2016-10-25: states, domestic and/or multinational corporations, interest groups (domestically, ngos (on the international and global scale, social movements (e. g.
