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International political economy

   

Added on  2022-11-30

7 Pages2072 Words1 Views
International
policy

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
REFERENCES................................................................................................................................6

INTRODUCTION
This essay calls into question each of the theses that promote such ideology, providing scientific
evidence to back them up. The author further discusses how the implementation of these
economic reforms has resulted in a significant increase in socioeconomic inequality both within
and across countries (Bacevic, 2019). The ruling classes in both advanced economies have
formed internationally class relationships that are largely vital to the success of neo - liberalism
as a result of these reforms.
MAIN BODY
International political economy centers on the nature of complex activity that cross national
boundaries, such as trade flows, exports and imports, isolationism, taxes, non-type walls,
manufacturing, the way multinational companies work across country boundaries, and finance;
to finance, the way money and resources will transcends national boundaries, as well as labor
and movement. Those two last points haven't really been covered in depth by international
political economy (Bohle and Greskovits, 2019). As a result, international political economy
studies the relationship between economics and politics in particular countries as well as the
international community as a whole. It investigates the domestic origins of international
economic power (Brown, 2019). As a result, international political economy studies the
relationship between economics and politics in particular countries as well as the international
community as a whole. It examines the domestic origins of foreign economic policy, such as
whether a given state in a given international system pursues transparency, closure,
protectionism, liberalization, and so on, and who benefits and who loses from those policies.
That is where international economic policy originates from within the country. In addition, there
is a global web of domestic political economies.
Obviously, since international political economy is mostly concerned with international
economics, but it still draws on economic theory or other ideas, and there are several different
patterns in international political economy. Trends focused on neoclassical or conventional
economic models are present. There are also Marxist and institutionalist world political economy
views that are focused on institutionalized economics rather than neoclassical economics. The
premise is that theorists of international political economy aim to use economic theory to
develop models that can forecast how political actors behave, their interests, and policies, among

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