States Versus Markets: The Emergence of a Global Economy - Tapa blanda

'This edition improves on an already outstanding text. What Schwartz does here is highly unusual and highly rewarding: he draws students into an adventure in learning that conveys knowledge about both the origins and evolution of a global political economy and the development of IPE as a branch of learning. And he brings it up to-date in a manner that places students at the center of important contemporary debates. If students have a choice of textbooks, this is the one.' Randall D. Germain, Carleton University, Canada

'States Versus Markets has long been essential reading for those who seek to understand globalization and its periodic struggles with global imbalances and financial volatility. Professor Schwartz has now done it for the third time, and in keeping with his record this new third edition is yet better and richer than earlier excellence. Unlike more simplistic accounts, this highly approachable work offers a clear understanding of how and where 'globalization' came from and what it actually means for contemporary societies, gently debunking well-worn myths along the way. It is not only an impressive work of scholarship but also a pleasure to read, culminating in a dramatic account of financial crisis and the future of the global political economy.' - Geoffrey R.D. Underhill, University of Amsterdam
 

The third edition of this highly regarded textbook on international political economy shows how globalization is not a novel phenomenon but a recurrent process whereby markets have, since the 16th century, periodically redistributed economic activity.

Taking into account the new rise of Asia and the global financial crisis originating in the US housing finance system, this revised and updated edition continues to explore the complex relationship between modern states and markets to show how the 21st century global economy has come to resemble that of the 19th century, in which markets typically drove economic outcomes and generated large scale financial crises.

This is a thought-provoking text which will encourage both upper level undergraduate and postgraduate students to think analytically about the inevitability of a global market influencing state economies and to locate their own thinking within the IPE tradition.