what is the relationship between international political economy and international relations?
Answers
Answer:
An international economic system is affected by the international political system existing at the time, and vice versa. The behavior of governments on economic issues will be affected by their political calculations, which will in turn be determined in part by the structure of world politics
Explanation:
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Explanation:
International political economy (IPE), also known as global political economy (GPE), is the study of how politics shapes the global economy and how the global economy shapes politics.[1] It is a subfield of economics, political science and international relations. A key focus in IPE is on the distributive consequences of global economic exchange. It has been described as the study of "the political battle between the winners and losers of global economic exchange."[1]