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What is International Political Economy

4 important questions on What is International Political Economy

Explain what IPE perspective can best be used to understand the rise of populist-nationalism.

Constructivism. As political scientist Ted Hopf explains, how a state understands its own identity affects how it understands and behaves toward other states. We should analyse at the individual and state-societal level. The domestic identity of people shapes the foreign policy of their country.

How do populist leaders often gain political influence?

They promote new political, social and economic ideas.
They offer themselves as symbols of the body politic (?)
They plan and strategize with disdain for democratic accountability.
They nurture a cult of personality.

According to Fareed Zakaria, what is important to keep in mind when looking at populist-nationalism today?

Zakaria states that democracy means more than elections or majority rule; it requires independent institutions such as the judiciary and the media to protect individual freedom and liberties. Populist-nationalism tries to disbent these, or attacks these institutions.

Define International Political Economy

The interdisciplinary social science that examines the relationships between states, markets, societies in an international context. It seeks to understand how power is used in those relationships to affect the distribution of scarce resources.

The question on the page originate from the summary of the following study material:

Introduction to International Political Economy | 9781138206991 | David N Balaam, et al

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