MAY 9, 2022
Analyses of the
Emerging Global
Political Economy
A STUDY OF THE INTERDISCIPLINARY APPROACH
TO POLTICS AND ECONOMIES THROUGH ITS
DOMINANT ACADEMIC THEORIES
POLITICAL SCIENCES 222
Louisa Naudé 25095900
LECTURER: Mr Michael Hector
, Table of Contents
1 Introduction........................................................................................................................................ 1
2 Context and Conceptualisation of Global Political Economy..............................................1
3 Three Main Approaches to GPE.................................................................................................... 2
3.1. Economic nationalism.............................................................................................................................................. 2
3.2. Liberalism..................................................................................................................................................................... 3
3.3. Critical theory.............................................................................................................................................................. 4
4 The Nature of Markets, Actors and Institutions within GPE Approaches.......................4
4.1. Economic Nationalism............................................................................................................................................. 4
4.2. Liberalism..................................................................................................................................................................... 5
4.3. Critical theory.............................................................................................................................................................. 6
5 Theories Today and Criticisms..................................................................................................... 6
6 Conclusion........................................................................................................................................... 8
7 Bibliography....................................................................................................................................... 9
ii
Analyses of the
Emerging Global
Political Economy
A STUDY OF THE INTERDISCIPLINARY APPROACH
TO POLTICS AND ECONOMIES THROUGH ITS
DOMINANT ACADEMIC THEORIES
POLITICAL SCIENCES 222
Louisa Naudé 25095900
LECTURER: Mr Michael Hector
, Table of Contents
1 Introduction........................................................................................................................................ 1
2 Context and Conceptualisation of Global Political Economy..............................................1
3 Three Main Approaches to GPE.................................................................................................... 2
3.1. Economic nationalism.............................................................................................................................................. 2
3.2. Liberalism..................................................................................................................................................................... 3
3.3. Critical theory.............................................................................................................................................................. 4
4 The Nature of Markets, Actors and Institutions within GPE Approaches.......................4
4.1. Economic Nationalism............................................................................................................................................. 4
4.2. Liberalism..................................................................................................................................................................... 5
4.3. Critical theory.............................................................................................................................................................. 6
5 Theories Today and Criticisms..................................................................................................... 6
6 Conclusion........................................................................................................................................... 8
7 Bibliography....................................................................................................................................... 9
ii
