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International political economy: problems and issues—Part I

Published online by Cambridge University Press:  26 October 2009

Extract

Recent years have seen governmental concern with international economic issues attain an intensity previously reserved for the great questions of war and peace. Students of international affairs have followed suit with a revival of academic interest in the complex relationship between the economic and the political in the international arena: hence the resurgence of international political economy.

International economic issues are now ‘high politics’. Alarm at the domestic implications of ‘stagflation’ within the advanced industrial countries (AICs) has prompted calls for reflationary stimulants to trade and economic activity. Domestic economic dislocation has, however, also revived protectionist arguments within certain Western economies.

Type
Review Article
Copyright
Copyright © British International Studies Association 1981

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References

1. For a brief discussion of ‘stagflation’– the mixture of stagnation and inflation – see: Fred Bergsten, C., Toward a New International Economic Order: Selected Papers of C. Fred Bergsten, 1972–1974 (Lexington, 1975), Introduction, esp. p. xiiiGoogle Scholar.

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3. Ibid. ‘Shaping a tough new line on trade’, 11 April 1978.

4. Ibid. Richard Norton Taylor, ‘Rich Men, Poor Men’, 7 March 1977. Since the time of writing the ‘North’ has agreed to a limited Integrated Commodities Programme.

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36. Ibid. pp. 120–121.

37. Ibid. pp. 45–47.

38. Ibid. p. 61.

39. Ibid. p. 46.

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42. Ibid. p. 143.

43.. Ibid. p. 5.

44. Ibid. pp. 156–161.

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46. Gilpin, op. cit. Ch. VII.

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66. Ibid. p. 8.

67. Ibid. p. 13.

68. Ibid. p. 13.

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