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What is the role of political economy in shaping international relations?

International political economy

State (computer science)

Capital (economics)

Economic interdependence

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Political economy plays a crucial role in shaping international relations by highlighting the intricate interplay between economic forces and political motivations. The field of International Political Economy (IPE) emphasizes the interconnectedness between global markets and sovereign states, underscoring the need for a comprehensive analysis of economic relations across borders. This integrated approach recognizes that economic dynamics influence conflicts and peace operations, necessitating a multilayered understanding of the political economy of conflict. Additionally, the historical separation of economics and politics, as seen in the Bretton Woods system, has impacted the power dynamics among nations, leading to economic subordination and reduced conflicts over economic issues. Ultimately, political economy serves as a lens through which to comprehend the complex interactions between countries in trade, finance, and migration, both domestically and internationally.

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Book Chapter•DOI International Political Economy Martin Daunton 01 Jan 2018 3 Citations	International political economy shapes international relations by analyzing trade, money, capital, and migration relationships between countries and within domestic politics, influencing global interactions and policies.
Other•DOI List of Tables 13 Jun 2022	Political economy plays a crucial role in shaping international relations by influencing policies, trade agreements, and power dynamics among nations, as discussed in the research paper "List of Tables."
Book Chapter•DOI International (global) political economy 05 Aug 2022	Political economy in international relations focuses on the interdependence between global markets and sovereign states, aiming to reduce conflict through cooperation for a stable global economic system.
Open access The Politics of International Economic Relations Sunday Esoso Nsed Ebaye 01 Jan 2018 26 Citations	The role of political economy in shaping international relations involves the interplay between politics and economics, influencing power dynamics, trade relationships, and global economic systems.
Book Chapter•DOI The Importance of Political Economy Huafang Yu 06 Feb 2023	The political economy plays a crucial role in shaping international relations by influencing conflict dynamics, humanitarian aid impact, peace operations, and transnational forces, highlighting the complexities of global interactions.

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