Offering an accessible introduction to both the historical roots and the contemporary dynamics of today’s world economy, the extensively revised sixth edition of this bestselling textbook continues to lead the way in equipping students with the knowledge required to make sense of the fast-paced discipline of Global Political Economy. Illustrating the breadth of the subject, the book’s authors – both highly regarded experts in the field – show how the national and international interact, while also placing an emphasis on the historical evolution of the world economy in order to appreciate the nuances of today’s economic structures. The global economy is traced from the Industrial Revolution through each phase of a shifting world order to the modern day. Then follows an engaging exploration of the dynamics of today’s economy, including: trade, production, finance, labour, gender, development, the environment, security and governance. This takes into account the latest developments in the global economy, from automation and the challenges posed to the labour force, to artificial intelligence and the increasingly complex, global supply chains of modern transnational firms.
Comment from our editors:
O'Brien's & Williams's textbook offers a comprehensive introduction to the various theoretical perspectives, methodological issues, evolution, and the dynamics of the global political economy informed by a non-Eurocentric approach. It tackles a diversity of topics from international trade, global finance, global division of labour, economic development, security to the usually marginalised but equally important lenses of gender and environmental change. It is a fantastic point of entry for more advanced readers and moreover comes with a vast and fully integrated companion website.
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