International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Emergence of International Political Economy as a Sub-Discipline of International Relations and Impact of the Global Crisis on International Political Economy
Gokhan Ozkan

After global economic developments in 1970s placed international political economy matters among the most important items of the international agenda; International Political Economy (IPE) emerged as one of the most important sub-disciplines of International Relations. In this study, emergence of IPE as a sub-discipline and impact of the global crisis on IPE will be analyzed. For this aim, collapse of the Bretton Woods System, the oil crisis of 1974, and demands of developing countries to establish New International Economic Order in 1970s will be evaluated within the context of increasing interconnectedness of international politics and international economy. Impacts of increasing mutual complex interdependence, globalization, and international financial movements on the emergence of IPE will be investigated. The effect of the global crisis on IPE will be analyzed. It is expected that number of IPE studies will increase and IPE will gain importance as a sub-discipline of International Relations.

Full Text: PDF