1) What is IPE? Critically assess what the field of IPE is about and what value does it offer to our understanding of global politics?. Please include relevant examples and theories, and issues in IPE that will add value to your arguments.
2) Critically analyse the trade of ANY specific product or industry (i.e sugar, coffee, mining, aviation). Your analysis should include some of the lessons you have learned while the studying the IPE of global trade, production and global value chains.
3) Critically asses the contributions and the value of any TWO IPE theories to our understanding of the political economy. Please include relevant examples that will help strengthen your arguments.
Answers to Above Questions on International Political Economy
Answer 1
An analysis of the concept of international political economy indicates that it is an interdisciplinary field of study that takes into consideration the political science and economics in order to analyse the interaction between politics and economics at the global level. The main purpose of IPE is to analyse the ways in which economic decisions and policies are affected by the political factor, and it takes into consideration a large number of issues such as trade, investment, development, finance, globalisation and the distribution of power and resources at the global level.
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