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Book Details

  • Paperback
  • Bookstore's Wholesale Price: $53.64
  • November 2009
  • ISBN: 978-0-393-93505-9
  • 608 pages
  • Territory Rights: USA and Dependencies, Philippines and Canada.

International Political Economy

Perspectives on Global Power and Wealth

Fifth Edition


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Jeffry A. Frieden (Author, Harvard University), David A. Lake (Author, University of California, San Diego), J. Lawrence Broz (Author, University of California, San Diego)


The leading reader for international political economy courses has been thoroughly updated to reflect recent developments in IPE scholarship and in the global economy.

The Fifth Edition of International Political Economy provides a flexible and provocative set of articles and excerpts on a broad range of topics. Edited by three respected scholars in the field, the reader also offers clear introductions and headnotes to help students get the most out of each reading.


The best-selling reader for IPE courses, now with over 50 percent new readings.

International Political Economy provides a flexible set of readings on a broad range of topics in IPE. In this major revision, Frieden, Lake, and Broz take full account of recent developments in IPE scholarship and in global economic events. The 32 readings in the Fifth Edition include 18 new selections on current topics like the response to the current global economic crisis and globalization and the environment, as well as seminal pieces that have shaped the field as it is understood today.

Thorough introductions and headnotes highlight the significance of each reading.

Each of the reader’s seven parts begins with an introduction in which Frieden, Lake, and Broz provide helpful context and explain how the diverse perspectives presented in each part relate to one another. Then, a headnote before each reading highlights the selection’s significance and focuses students on the main points.

Convenient, cost-effective format.

With 32 substantial readings expertly edited by 3 respected scholars, International Political Economy offers an affordable alternative in a format that is convenient for instructors and students alike.

    * New to the Fifth Edition

    Introduction: International Politics and International Economics

    I. Contending Perspectives on International Political Economy

    1. Stephen D. Krasner, State Power and the Structure of International Trade

    2. Barry Eichengreen, The Political Economy of the Smoot-Hawley Tariff

    *3. Kenneth L. Sokoloff and Stanley L. Engerman, History Lessons: Institutions, Factors Endowments, and Paths of Development in the New World

    *4. Jeffrey Frankel, Globalization and the Economy

    II. Historical Perspectives

    *5. Cheryl Schonhardt-Bailey, Free Trade: The Repeal of the Corn Laws

    6. Peter Alexis Gourevitch, International Trade, Domestic Coalitions, and Liberty: Comparative Responses to the Crisis of 1873–1896

    7. Jeffry A. Frieden, International Investment and Colonial Control: A New Interpretation

    8. David A. Lake, British and American Hegemony Compared: Lessons for the Current Era of Decline

    III. Production

    9. Richard E. Caves, The Multinational Enterprise as an Economic Organization

    10. Shah M. Tarzi, Third World Governments and Multinational Corporations: Dynamics of Host's Bargaining Power

    *11. Zachary Elkins, Andrew T. Guzman, and Beth A. Simmons, Competing for Capital: The Diffusion of Bilateral Investment Treaties, 1959–2000

    *12. Daniel W. Drezner, Globalization and Policy Convergence

    IV. Money and Finance

    13. J. Lawrence Broz, The Domestic Politics of International Monetary Order: The Gold Standard

    14. Barry Eichengreen, Hegemonic Stability Theories of the International Monetary System

    15. Benjamin J. Cohen, The Triad and the Unholy Trinity: Problems of International Monetary Cooperation

    *16. Jeffry A. Frieden, Globalization and Exchange Rate Policy

    *17. Matthew Gabel, Divided Opinion, Common Currency: The Political Economy of Public Support for EMU

    *18. Sergio L. Schmukler, Financial Globalization: Gain and Pain for Developing Countries

    V. Trade

    *19. Cletus C. Coughlin, The Controversy Over Free Trade: The Gap Between Economists and the General Public

    20. Ronald Rogowski, Commerce and Coalitions: How Trade Affects Domestic Political Alignments

    21. James E. Alt and Michael Gilligan, The Political Economy of Trading States: Factor Specificity, Collective Action Problems, and Domestic Political Institutions

    22. Richard B. Freeman, Are Your Wages Set in Beijing?

    *23. Alan V. Deardorff and Robert M. Stern, What You Should Know About Globalization and the WTO

    *24. Michael Bailey, Judith Goldstein, and Barry R. Weingast, The Institutional Roots of American Trade Policy: Politics, Coalitions, and International Trade

    VI. Economies in Development

    *25. David Dollar, Globalization, Poverty, and Inequality since 1980

    *26. Daron Acemoglu, Root Causes: A Historical Approach to Assessing the Role of Institutions in Economic Development

    27. Jeffrey A. Williamson, Globalization and Inequality, Past and Present

    *28. Razeen Sally, The Political Economy of Trade Policy Reform: Lessons from Developing Countries

    VII. Current Problems in International Political Economy

    *29. Jeffrey A. Frankel, The Environment and Globalization

    *30. Kenneth F. Scheve and Matthew Slaughter, A New Deal for Globalization

    *31. Dani Rodrik, How to Save Globalization from its Cheerleaders

    *32. Simon Johnson, The Quiet Coup