The social science concept of International Political Economy is a measure of a nation‘s law, politics and economics — and their effect on each other, and it’s worth to the world. While this sounds complicated, it really isn’t, particularly if you think about the simple phrase itself.
In some aspects, it’s exactly what you think of when you think of how “strong” a nation is, particularly when you compare them socio-economically. When you hear phrases such as “Nation A is stronger than Nation X,” or “Nation C has a stronger swing in the world than Nations G, E and F.”
Why is this an important thing to consider? This is the measure of the whole machine: politics, law, the nation’s military industrial complex, state control of the economy and political freedoms work together (…or against) the rest of the “machine” of the country. A country can have an extremely strong military, but with little social freedoms, this could very well work against the forward momentum of the nation if it’s regime is looking forward (as most of them are…). However, another theoretical nation with a weaker military, but a strong Gini index and a strong Human Development Index may have a stronger IPE because the Grand Strategy of the nation is more in tune with what the people want in a democratic society.
It’s a simple concept — that has a complicated and involved explanation. There’s a lot to know. Check it out, there’s all sorts of really cool theories. Everything from Marxist IPE theory to Realist IPE theory.
- Congress loses its marbles – Gautam Sen (bharatabharati.wordpress.com)
- Why Elizabeth Warren cares about funding the social sciences (washingtonpost.com)
- The more Americans know about the NSA, the less they like it (or vice versa) (washingtonpost.com)
- Geo-political Economy – an open access virtual theme issue (societyandspace.com)
- Social Tension, Income Inequality and Unemployment Identified as Top 3 Trends for 2014 (euromonitor.com)
- [Statement] A fight against an entire system of corruption and political patronage -#ScrapPork Network (hronlineph.com)
- The New York Times is creating a new data-driven journalism venture (washingtonpost.com)
- Can National Security and Individual Freeoms be Reconciled? (nationalsecurityandfreedomreconciliation.wordpress.com)
- Debating Krugman, International Political Economy and Electoral Politics (3quarksdaily.com)
- Workshop: Beyond troubled engagements? Feminist challenges to ‘critical’ IPE. Manchester. (feministacademicsnottingham.wordpress.com)
Pingback: Localizing Development Measures | OpinYon