global political economy (PolSci 222) exam with correct answers 2024
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Module
Global political economy
Institution
Global Political Economy
What is GPE? correct answers - GPE looks at what drives and explains events in the world economy
- it is an interplay of economics and politics in world affairs.
- set of international and global problems that cannot usefully be understood or analyzed as just "international politics" or "just e...
What is GPE? correct answers - GPE looks at what drives and explains events in the
world economy
- it is an interplay of economics and politics in world affairs.
- set of international and global problems that cannot usefully be understood or
analyzed as just "international politics" or "just economics"
3 dimensions of GPE correct answers - Political
makes decisions on global economy
- Economical
how resources are distributed internationally
- Societal
different social groups participating
instead of using a vacuum political, economical or societal approach, GPE uses a
variety of theories and tools creating a nuanced understanding of GPE.
4 levels of analysis correct answers Supporting interrelations between state, market
and society
GPE is analyzed through
1. Individual Participation
2. State-social participation
3. interstate participation
4. global participation
Emergence of GPE correct answers - emerged in 1970's while Cold War was taking
place
- looking at purely economical or purely political perspectives was not enough,
- an interdisciplinary approach had to be adopted to look at events taking place around
the world.
- GPE focused on the state, international relations, international political economy
- looking at various actors in GPE like; transnational corporations and NGO's
Susan Strange "godmother of GPE" correct answers - SS was arguably Britain's most
influential scholar of WP in the last quarter of the 20th century.
- her most important contribution to the field of IR lies in her promotion of GPE/IPE
According to SS correct answers States and Markets:
- one cant study PE and especially IPE without paying close attention to the role of
Power in economic life
- Power determines; relationships between authorities and markets
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