International Political Economy in Context : Individual Choices, Global Effects

Focuses on a micro approach to political economy that grounds policy choices in the competitive environments of domestic politics and decision-making processes.

Although many international political economy texts offer good descriptions of what events have occurred in global economic and political relations, they make little attempt to develop explicit theoretical frameworks explaining why. Andrew Sobel′s International Political Economy in Context: Individual Choices, Global Effects takes a micro approach to international political economy that considers the fact that individuals—not nations—make choices.

Grounding policy choices in the competitive environs of domestic politics and decision-making processes, Sobel illustrates how policymakers choose among alternatives, settling on those that are most in sync with their self-interest.

The book is structured to build students′ skills for a sophisticated understanding of how and why events unfold in the international political economy. Students become versed in the primary assumptions and structural/macro conditions of economic and political geography in the global arena. An examination of micro-level conditions and mechanisms introduces the factors that influence political and economic outcomes. Students are then able to use those primary assumptions and micro-level arrangements to make sense of past and present changes in the global political economy.

Those familiar with Sobel′s first volume, Political Economy and Global Affairs, will easily find their way through this new book. Anyone looking for a compelling, accessible, and fully integrated rational choice perspective on international political economy will find it here.