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The Economic Factor in International Relations: A Brief Introduction: v. 19 (Library of International Relations)
 
 
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The Economic Factor in International Relations: A Brief Introduction: v. 19 (Library of International Relations) (Paperback)

by Spyros Economides (Author), Peter Wilson (Author) "The somewhat hackneyed statement that economics are more important in international relations today than they have ever been contains more than a few grains of..." (more)
3.0 out of 5 stars  See all reviews (1 customer review)
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Product details

  • Paperback: 288 pages
  • Publisher: I B Tauris & Co Ltd (26 Oct 2001)
  • Language English
  • ISBN-10: 1860646638
  • ISBN-13: 978-1860646638
  • Product Dimensions: 21.4 x 13.2 x 1.8 cm
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 228,745 in Books (See Bestsellers in Books)

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    #68 in  Books > Study Books > Undergraduate & Postgraduate > Social Sciences > Politics & International Relations > International Relations

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Synopsis

'The Economic Factor in International Relations' is a timely reminder that economics cannot be treated unquestioningly, nor should its important be overvalued in the world today. An ideal guide for students of IR as well as history, politics or economics, it sets out the principles of that play-off between market and policy in the global arena, and seeks to establish the basis for an intelligent critique of economics' importance in the world order.
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The somewhat hackneyed statement that economics are more important in international relations today than they have ever been contains more than a few grains of truth. Read the first page
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The Economic Factor in International Relations: A Brief Introduction: v. 19 (Library of International Relations)
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2 of 3 people found the following review helpful:
3.0 out of 5 stars Valid introductory text, but slightly tendentious, 27 April 2002
By A Customer
Students of International Relations (IR) will find this a useful overview as to how economic considerations influence international politics.
The two authors, lecturers at the London School of Economics and Political Science, have structured their text into three parts: theory, history and contemporary issues.
The theoretical part introduces the three standard approaches in IR and international political economy (IPE): liberalism, (economic) nationalism and Marxism. Description and demarcation between the three are presented in a clear and informative way. Reading between the lines, however, one finds traces of a bias towards the second of these traditions, the nationalist one, whose academic counterpart is realism. In principle, of course, there is nothing wrong with authors having their own opinion and approach to their field of study (indeed, this is hardly avoidable). Unfortunately, however, the authors neglect to tell the reader about their intellectual pedigree, which is problematic especially because the book is targeted towards undergraduates, who might lack the academic experience to pinpoint it.
The realist bias continues to crop up in the second part as well, when it comes to introducing the post-war Bretton Woods monetary arrangement, the trading order that evolved around the GATT from the late 1940s evolved around the GATT and he claims from the South to a New International Economic Order in the 1970s.
The last part presents four contemporary issues: economic aid, economic sanctions, regionalism and globalization. All the four of them are valid subjects but they reveal the authors' line of thought, that politics, not economics, is still very much at the heart of international relations. Would they otherwise have chosen aid and sanctions, which constitute (as the book itself states) economic MEANS to political ends, not ends in themselves? An IPE textbook would have put stronger emphasis on economic issues in their own right, such as the construction of a new international financial architecture.
In summary, the book constitutes a readable introduction into "The Economic Factor in International Relations" -- but readers should stay attentive to separate analysis from opinion and make up their own mind.
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