This edited volume addresses the 2007/2009 financial crisis as the occasion to engage critically with the corpus of Susan Strange’s work, in order to consider what changes (if any) this crisis portends for the structural organization of the global political economy. The contributors use Strange’s rich conceptual framework to explore the financial crisis and its aftermath, and reflect critically on the broader contributions which her work has made to the discipline of IPE.

The volume makes three valuable contributions for scholars and students. First, it raises the profile of Susan Strange, a unique and powerful contributor to the field of IPE whose ideas matter to our current circumstance and can provide deep and enduring insights into important questions and issues. Secondly, each contributor to this volume combines her work and ideas with that of other traditions or individual theorists in ways that extend and/or deepen Strange’s own efforts. Finally, this volume leaves us with a judicious optimism about the future of both IPE and the world as it actually is, on the ground. 

This book will be of interest to scholars and students who are interested in the dynamics shaping contemporary and future developments in the global political economy, as well as those who are interested in the theoretical debates about how to study IPE.

chapter 1|18 pages

Susan Strange and the future of IPE

ByRandall Germain

part 1|33 pages

Towards an international political economy of the future

chapter 2|12 pages

Ahead of her time? Susan Strange and global governance

BySusan K. Sell

chapter 3|19 pages

‘The Westfailure System’ fifteen years on

Global problems, what makes them difficult to solve and the role of IPE
ByCraig N. Murphy

part 2|56 pages

Power and transformation

chapter 4|14 pages

Shaping the world beyond the ‘core’

States and markets in Brazil's global ascent
ByDiana Tussie

chapter 5|24 pages

Strange power over credit; or the enduring strength of US structural power

ByHerman Mark Schwartz

chapter 6|16 pages

Still an extraordinary power after all these years

The US and the global financial crisis of 2008
ByEric Helleiner

part 3|84 pages

Control and transformation

chapter 7|15 pages

Money, power, authority

ByBenjamin J. Cohen

chapter 9|13 pages

Corporate power in a global economy

ByRonen Palan

chapter 10|18 pages

The political economy of global transformation

Susan Strange, E. H. Carr and the dynamics of structural change1
ByRandall Germain

chapter 11|10 pages

Diagnosing the human condition in a dynamic global system

ByLouis W. Pauly