Wednesday, May 6, 2020

Who Are The Most Important Actors Of The Global Political...

Who are the most important actors in the global political economy and Why? Ipe is about culture and society as well In all spheres and society is also a Unequal relationship of society is basis of Introduction/thesis statements: Global Political Economy is essentially a study of a political battle between the winners and losers of global economic exchange. In fact, understanding global economy relies on a clear knowledge of the process of political competition. Political power possessed by actors regulates economic activity and in turn this creates the basis for and affects political power. Through, critical analysis of the concept of global political economy it becomes clear that there are three prominent theories that form GPE, mercantilism, economic liberalism and Marxism. At this point in time, the main actors in the international system are nation-states seeking an agenda of their own based on personal gain and national interest. Significantly, the most important actor is the United States, a liberal international economy, appointed its power after the interwar period becoming the dominant economy and in turn attained the position of hegemonic stability in the international system. The reason why the United States is dominating is imbedded in their intrinsic desire to continuously strive for their own national interest both political and economic. Further, there are other nature of actors that are not just nation-states, including non-states or transnational,Show MoreRelated An Analysis of The Dominate Perspectives of International Political Economy1532 Words   |  7 Pagesinternational political economy, three dominant perspectives have emerged over time. The differences and similarities between the realist/mercantilist, liberalism, and historica l structuralism perspectives are significant. In this essay, I will compare and contrast these dominant perspectives. 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