POLI 100 Chapter Notes - Chapter 20: John Kenneth Galbraith, John Maynard Keynes, International Political Economy
Document Summary
Major focus of ir since the 1970s. Susan strange international relations and international economics: a. Argues that an adequate world view requires attention to both. Ipe sits at the intersection of international politics and economics. Incorporating insights from a variety of disciplines, it has become a major focus of study within the broader field of ir over the last 4 decades. Studies in ipe focus on states and markets. The relationship between them is a tangle of complex interactions, ranging from the cooperative to the hostile and involving important dynamics of power and wealth. Interplay between political power and economic forces from the national level through to the international and global. Takes into consideration norms, values, and interests of institutions and organizations. Emphasis on the state and the market. Often considers them to be in tension with each other. One thrives on sovereignty, the other on the absence of barriers to trade. Main concern is with the international sphere.