Publisher's Synopsis
This revised and updated text explores the complexities of political economic relationships in a highly interdependent global economy. It focuses on the political and world order implications of international economic transactions; views these transactions in the context of liberal, Marxist and merchantilist economic throught; and inlcudes concise descriptions of key international economic institutions and postwar concepts of international economic order.;This book considers the political economic challenge of Eastern Europe, the Soviet Union's integration with the world market, and China's retreat from the path of European Communist states; it places greater emphasis on neomercantilist influences, provides in-depth coverage of the Brady Plan and new approaches to the Third World's debt crisis, discusses the threat of OPEC's resurgence and oil politics in the 1990s and uses new and revised tables, charts and graphs.
