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Review for this edition: 'The new third edition of this unusually wide-ranging and historically informed introduction to the field of International Political Economy is better than ever, with expanded treatment of theoretical perspectives and a thorough updating of contemporary developments.' - Benjamin Jerry Cohen, University of California, Santa Barbara 'This new edition continues to provide an outstanding introduction to this rapidly changing field taking full account of scholarly trends and of the impact of global transformations in manufacturing and finance on the structure of international power.' - Craig N. Murphy, Wellesley College, USA Reviews of previous editions: 'Comprehensive, theoretically sophisticated, and empirically rich. Right now, this is quite simply the best textbook in the field.' - Craig N. Murphy, Wellesley College, USA and President, International Studies Association 2001/2 'A well-pitched, concise and accessible introduction to the fast-changing field of international political economy. Studies will be engaged by the authors' judicious blend of theory, history, and contemporary evidence.' - Louis W. Pauly, Director for International Studies, University of Toronto, Canada 'This is an excellent book...comprehensive in its approach, informative but highly original, presenting a pertinent and well sustained argument.' - Rodica Milena Zaharia, The European Legacy

ROBERT O'BRIEN holds the LIUNA/ Enrico Henry Mancinelli Professorship in Global Labour Issues at McMaster University, Canada. He has published books and articles on the subjects of international trade, global labour issues, social movements and international economic institutions, global social policy. MARC WILLIAMS is Professor of International Relations, University of New South Wales, Australia. His research focuses on global environmental politics, social movements, and global economic governance.

Introduction PART I: THEORETICAL PERSPECTIVES Locating the Field, Introducing Economic Nationalism and Liberalism Critical Approaches, Methods and Theoretical Developments PART II: EVOLUTION Forging a World Economy 1400-1800 Industry, Empire and War Growing a Global Economy 1945 - Present PART III: DYNAMICS International Trade Transnational Production The Global Financial System Global Division of Labour Gender Economic Development Global Environmental Change Ideas Security Governing the Global Political Economy