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Historians have employed political economy to explore the ways in the past that persons and groups with common economic interests have used politics to effect changes beneficial to their interests. [50] Political economy and law is a recent attempt within legal scholarship to engage explicitly with political economy literature.
International political economy (IPE) is the study of how politics shapes the global economy and how the global economy shapes politics. [1] A key focus in IPE is on the power of different actors such as nation states, international organizations and multinational corporations to shape the international economic system and the distributive consequences of international economic activity.
Global politics, also known as world politics, [1] names both the discipline that studies the political and economic patterns of the world and the field that is being studied. At the centre of that field are the different processes of political globalization in relation to questions of social power.
Most voters in a new survey rank the economy as the most important issue ahead of the election, now less than a month away, and former President Trump has an edge over Vice President Harris on the ...
She distinguished between relational power (the power to compel A to get B to do something B does not want to do) and structural power (the power to shape and determine the structure of the global political economy). [19] Political scientists Henry Farrell and Abraham L. Newman argue that state power is in part derived from control over ...
When fewer people want it or more people start selling it, the price goes down. There are two forces at work: The law of supply: If everything else remains the same, demand drops when prices rise ...
Economic globalization refers to the widespread international movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital ...
Political globalization is the intensification and expansion of political interrelations around the globe. [2] Aspects of political globalization include the modern-nation state system and its changing place in today's world, the role of global governance, and the direction of our global political systems.