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The Political Economy of International Relations, by Robert Gilpin
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After the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented institutional framework. By the 1980s many contended that these institutions--the General Agreement on Tariffs and Trade (now the World Trade Organization), the World Bank, and the International Monetary Fund--were threatened by growing economic nationalism in the United States, as demonstrated by increased trade protection and growing budget deficits.
In this book, Robert Gilpin argues that American power had been essential for establishing these institutions, and waning American support threatened the basis of postwar cooperation and the great prosperity of the period. For Gilpin, a great power such as the United States is essential to fostering international cooperation. Exploring the relationship between politics and economics first highlighted by Adam Smith, Karl Marx, and other thinkers of the eighteenth and nineteenth centuries, Gilpin demonstrated the close ties between politics and economics in international relations, outlining the key role played by the creative use of power in the support of an institutional framework that created a world economy.
Gilpin's exposition of the in.uence of politics on the international economy was a model of clarity, making the book the centerpiece of many courses in international political economy. At the beginning of the twenty-first century, when American support for international cooperation is once again in question, Gilpin's warnings about the risks of American unilateralism sound ever clearer.
- Sales Rank: #833720 in Books
- Published on: 1987-06-01
- Original language: English
- Number of items: 1
- Dimensions: 9.21" h x 1.04" w x 6.14" l, 1.46 pounds
- Binding: Paperback
- 472 pages
From the Back Cover
This book is both a personal statement and a synthesis of certain recurrent and prevalent themes in the field of international political economy. Although I have endeavored to keep the personal and synthetic elements distinct from one another, I have presented my own views on selected questions of international political economy and have also incorporated those ideas and theories of others that are most relevant to the theses being developed.
About the Author
Robert Gilpin is the Eisenhower Professor of Public and International Affairs Emeritus at Princeton University. He is the author of many books, including "The Political Economy of International Relations" and "The Challenge of Global Capitalism: The World Economy in the Twenty-First Century" (both Princeton).
Most helpful customer reviews
13 of 14 people found the following review helpful.
Thorough scholarship and somewhat prescient
By Ian Murray
This is an extremely pertinent book for the next millenium. It is also quite popular in policy circles inside the Beltway. It is an indeispensible text for all Americans concerned with the future of international trade and the ongoing pathologies of our current trade regimes and the power relations they sustain to the detriment of the vast majority of human beings and the planet. It is thorough and scholarly throughout. While it is best read with a cup of Joe on a rainy day, it is worth the time and pays rereading many times over in light of current events. It's only shortcoming is it's neglect of the ecological dimensions of international trade and politics, nevertheless, it is a book for all who care about the human future.
7 of 8 people found the following review helpful.
A multi-course meal to political economy
By A Customer
Robert Gilpin's in-depth coverage of the multi-faceted world
of political economy comes to fruition in tedium in the pages
of this book.
There is not a single author who puts together a traditional
or classical view of the enviornment, international relations,
economic policy, and strategy in such a comprehensive manner.
Gilpin shows his true scholarly intellect of those before him and
provides encouragement for those to follow.
2 of 2 people found the following review helpful.
An excellant work on political economics
By James Scott
Robert Gilpin's work is excellent addition to the study of political economics, albeit one that is starting to show its age 20 years after being written. This notwithstanding, the theoretical components of the book are mostly still valid and have been built upon by Gilpin in further works. As a matter of historical record and of economic history, it makes fascinating reading and it is especially interesting to consider the author's speculation as to the future of American hegemony prior to the fall of the Soviet Union. Obviously many of the authors fears were ill-founded, but it is interesting to note how different it could have all been. Additionally, many of the examples used, primarily dealing with the economic ascendancy of Japan, could today almost be replaced with China. It will be interesting to see whether this time it is the end of US hegemony or whether history will repeat itself.
Overall well worth the read.
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