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This fully revised fifth edition continues to offer the authoritative introduction to today's global political economy and its historical context. O'Brien and Williams move beyond the traditional three-paradigm perspective to show how these theories can be applied and their efficacy in tackling key developments and issues. In doing so, the authors offer an all-encompassing analysis of the multiple theories, themes, and issues to create a comprehensive guide to the topic. The authors first trace the evolution of the global economy from its roots in fifteenth century through the Industrial Revolution, to the post-1945 world order. They then proceed to explore in more detail the dynamics of today's global political economy, providing systematic coverage of the key spheres of activity, from trade, production and finance to social divisions, development, the environment, ideas, security and governance. This edition includes new material on the Greek financial crisis and the changing role of the BRICS countries in global governance, as these developments upset the dominance of the US and Europe in the world economy today. Supported by multiple boxed exhibits, further reading links, and a fully-featured companion website, this text is designed to be as accessible as possible. Online, students will find essay and multiple choice questions, podcasts and videos, timelines, and other materials to help consolidate learning.
An analysis of labour internationalism that explores in depth the experience of the Southern Initiative on Globalisation and Trade Union Rights (SIGTUR). This book will interest anyone concerned with the role of labour in the global economy, economic justice, global social movements, and internationalism.
This book argues that increasing engagement between international institutions and sectors of civil society is producing a new form of global governance. The authors investigate 'complex multilateralism' by studying the relationship between three multilateral economic institutions (the IMF, World Bank, and World Trade Organization), and three global social movements (environmental, labour and women's movements). They provide a rich comparative analysis of the institutional response to social movement pressure, tracing institutional change, policy modification and social movement tactics as they struggle to influence the rules and practices governing trade, finance and development regimes. The contest to shape global governance is increasingly being conducted upon a number of levels and amongst a diverse set of actors. Analysing a unique breadth of institutions and movements, this book charts an important part of that contest.
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