This fifth edition of a comprehensive and popular text on global political economy has been systematically updated and revised to take account of all recent developments, including the changing role of the BRICS and the impact of financial crisis on the global political system.
This text provides a broad-ranging historical account of the emergence of a worldwide economy since the 15th century, combined with a systematic analysis of the key frameworks of international political economy today.
The landscape of the world economy has been significantly reshaped in recent years. The global economic crisis revealed the fragile foundations of the international financial system, and, in its wake, dynamics of economic power have considerably adjusted. In the fifth edition of…