INS 101 Chapter Notes - Chapter 6: Bretton Woods System, International Political Economy, Economic Liberalism

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A theoretical perspective is an intellectual perspective based on a set of assumptions and values about the social world. Ipe also known as international political economy is a classical theoretical perspective that focuses on the study between politics and economics, states and markets. There are three main theories of ipe: mercantilism, economic liberalism and marxism. From within the discipline of ir, ipe emerged in the late-twentieth century as a eld of study in its own right. This theory appeared during the third great debate which was a theoretical debate between neoliberal, neorealist and neomarxists. Principally, ipe is about wealth and poverty, about who gets what (in material terms) in the international economic and political system. Ipe is seen as important to ir as some scholars now argue that ipe is the more comprehensive discipline and that ir should consequently be seen as a sub eld of.

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