Since Susan Strange’s seminal article ‘International economics and International Relations: a case of mutual neglect’ was published in International Affairs in 1970, the relationship between international political economy and International Relations has grown closer. This reading list showcases how IR scholars are making sense of the changing institutions of global economic governance, the impact of rising powers such as Brazil, India and China, the role of non-state actors and the dynamics of power and inequality in the global economy.
Discussion questions:
e) To what extent is the future a battle between the Global West and Global East for the Global South?
f) Is a separation of global orders inevitable?
Discussion questions:
a) Are we seeing the rise of multiplexity?
b) How useful is multiplexity as an analytical tool?
Discussion questions:
a) What are the limitations of liberal understandings of the Liberal International Order?
b) Is debt central to the workings of the contemporary international system?
Discussion questions:
a) Is the power shift theory helpful in understanding changes in international institutions?
b) What explains variation in the strategies of emerging powers when pressured to rescind their developing-country status at the WTO?
Discussion questions:
a) To what extent is history a guide for solving financial crises?
b) What lessons should multilateral institutions derive from the 1997 Asia crisis?
Discussion questions:
a) How do negotiation failures impact trade multilateralism?
b) To what extent does the changing global order pose new challenges for trade negotiation?
Discussion questions:
a) Is China using debt as a trap for other states?
b) Does the Zambia experience show a lack of strategic coherence in China?
Discussion questions:
a) What are the key features of the liberal international trading order?
b) Is the liberal international trading order resilient?
Discussion questions:
a) Can the WTO continue to help manage the liberal trading order?
b) Is the WTO in need of reform?
Discussion questions:
a) What challenge does renewable energy pose to 'petrostates'?
b) What are the implications of the energy transition for stability in the global economy?
Discussion questions:
a) Can the renminbi become a genuine currency competitor to the dollar?
b) What does China stand to gain from increasing usage of the renminbi in oil trading?
Discussion questions:
a) What was the impact of the First World War on economic globalization?
b) Does economic integration reduce the chances of interstate conflict?
Discussion questions:
a) How relevant is the WTO in an age of protectionism?
b) Does international trade require regulation?
Discussion questions:
a) Can we have economic growth without inequality?
b) Can we have a global economic system that is compatible with human rights?
Discussion questions:
a) How important is Islamic finance becoming?
b) Are there lessons to be learned from Islamic finance?
Snapshot from history
Discussion questions:
a) What role do ‘standards of living’ play in the global economy?
b) What does this article teach us about the way ‘need’ was conceptualised in the 1930s?
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