The topicality of the international political economy is determined by the complexity and dynamism of transformation processes in the world economic system, which are developing through information networks and financial technologies. The purpose of the article is to reveal the meta-theory...

The U.S.-China conflict is threatening continued global economic prosperity and this has inspired a variety of predictions and prescriptions on the future global order. This paper proposes a light model of global governance not only to form international agreements across countries but also to...

How do shifts in the global balance of power shape the world economy? We propose a theory of alignment-based “hegemonic globalization”, built on two central premises: countries differ in their preferences over policies (such as the rule of law or regulatory frameworks) and trade between any...

Trade policy in Asia has switched from non-discriminatory unilateral liberalisation, reinforced by GATT/ WTO commitments, to discriminatory FTAs. The paper surveys the FTA activity of the major regional players: China, India, the ASEAN countries, Japan and South Korea. It concludes that emerging...

Think big! The international dynamic to which the global financial crisis has led in the international summit architecture offers a grand opportunity to effect a global governance reform. The paper offers suggestions for various reform scenarios, taking current global dynamics into account (in...

Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an aberration because it does not reflect one of the biggest shifts in the international economic and...

With contributions by a variety of internationally distinguished scholars on international law, world trade, business law and development, this unique examination of the roles of China and India in the new world economy adopts the perspectives of international economic law and comparative law....

The election of Donald J. Trump to the US Presidency coincided with the US adoption of an “America First” policy in trade. This policy reflects an underlying theory of economic nationalism that is fundamentally at odds with the current approach of the multilateral trading system established...