ABSTRACT
This conclusion presents some closing thoughts on the concepts covered in the preceding chapters of this book. The book provides a comprehensive approach to the study of international political economy (IPE), introducing students to the main theoretical perspectives and substantive issue areas. It also combines theory and practice in the study of IPE, and devotes considerable attention to the three traditional IPE perspectives of neomercantilism, liberalism, and Marxism. The book focuses on four main themes: globalization and North–North, North–South, and South–South relations. Globalization manifests itself throughout the IPE, but it is uneven, limited, and subject to partial reversal. International economic management has been mainly a North-North issue because only the DCs have had the wealth and power to manage the global economy.
