Routledge Introduction to International Political Economy

In a revolutionary revision of this best-selling text, David Balaam and Bradford Dillman show how the postwar world order is at once under threat and yet resilient. This classic text surveys the theories, institutions, and relationships that characterize IPE and highlights them in the context of a diverse range of regional and transnational issues. Introduction to International Political Economy positions students to critically evaluate the global economy and to appreciate the personal impact of political, economic, and social forces. New to the Seventh Edition Streamlined yet comprehensive coverage―reducing the text from 20 to 17 chapters. There is also one unified chapter on global finance and a single chapter on energy and the environment. A new chapter on Constructivism shows sociological and ideational forces at work. A new chapter on Global Production encompasses transnational corporations and labor. A new chapter on Global Health incorporates food and refugee issues. Substantial revisions to 10 chapters, including new material on Brexit, the EU debt and refugee crises, populist-nationalist movements, inequality, trade conflicts and negotiations, cyber weapons, the rise of China, Middle East conflicts, and international responses to climate change. Significant focus throughout on President Trump’s impact on U.S. foreign policy, international order, and global security. Extensive new graphs and tables of data, plus 27 fascinating new text boxes throughout. An author-written Instructor’s Manual and Test Bank are provided along with additional online resources. Review Praise for the Seventh Edition The seventh edition of Balaam and Dillman’s text is better than ever – revised extensively to bring the coverage of both theory and events right up to the present moment. The style is lucid, and the abundant new text boxes are carefully calibrated to explain complex concepts and issues in international political economy. In a field crowded with textbooks, I can think of no better introduction to the subject. Benjamin J. Cohen, University of California-Santa Barbara This textbook does what few do: It provides a solid theoretical understanding for the subject while giving students insight into why it matters. Balaam and Dillman bring theory to life by demonstrating how and why the principles of political economy affect the major processes and events of our time, from Brexit to BRICS to global health to global climate. Students will embrace this insightful, engaging, and relevant text. Robert L. Ostergard, Jr., University of Nevada-Reno The new edition of this leading textbook offers a much sought-after sweet spot for IPE courses. Balaam and Dillman thoroughly present the key theoretical debates in the field, and issue areas from international trade to global health are updated as well as historically grounded. At the same time, the material is well-organized and very accessible to students. These are the very attributes I aspire to when teaching IPE. Glenn R. Fong, Arizona State University Thunderbird School of Global Management Balaam and Dillman’s is the best and most comprehensive textbook for students of IPE available on the market today. This new edition’s expansive discussion of Constructivist and neo-Marxist contributions to the post-financial crisis debate and the search for alternatives to the liberal economic orthodoxy is a welcome contribution. But what really makes the text unique is the breadth of topics covered: The new empirical material on Trump, fake news, China, and the refugee crisis shows how the IPE toolkit is essential to understanding major contemporary developments in the global economy; and it is the only textbook to examine the illicit economy, the political economy of the Middle East, and global health. In short, this is an absolute must-read. Huw Macartney, University of Birmingham This classic text’s updated new edition provides a comprehensive introduction to the t