January 10 2013, Pols 2940
International political economy
Field of international relations= 4 large groupings, often relating, overlapping and connected.
1. Study of international political economy(IPE)
2. International security
3. Multilateralism (global governance)
4. Study of foreign policy
Banking crisis was result of non-regulation. Canada has stricter regulations on our
banks/market. This is not a one way street. Poltics can be shaped by the market/business. Can
be hostage of it(federal, and even local). Larger businesses are, the more governments want it
This is System, or regime, that encompasses both govrnt and economy and the relationship
between them. Can’t tear them apart or separate. Govrnt supplies foundations where markets
rest. The interrelationship between governance and economy A way of identifying a domain of
global social practises, collectively known as IPE. A starting point for the world around you.
Theoretical approach. Series of practises that involve global economy and the global regulation
of the economy.
Hegemony, 2 features of our present environment- expectation that the economy is largely
separate from the political and that the govrnt shouldn’t be involved to much. Banking and
finance occupy special p