An Analysis of The Dominate Perspectives of International Political Economy :: world international political economy three dominant perspectives emerged time differences similarities realist mercantilist liberalism historical structuralism significant will compare contrast first give account each originated outline actors involved explore actors? interests set economic policy lastly relate other history among oldest some would argue most important comprehensive theory developed europe during essays research papers fc An Analysis of The Dominate Perspectives of International Political Ec

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In the world of international political economy, three dominant perspectives have emerged over time. The differences and similarities between the realist/mercantilist, liberalism, and historical structuralism perspectives are significant. In this essay, I will compare and contrast these dominant perspectives. First, I will give a historical account of how each perspective originated. Then I will outline the actors involved in each perspective, explore those actors? interests, and outline which of those actors set economic and political policy. Lastly, I will explore how those political and economic actors relate to each other.
History
Among the three dominant perspectives, realist/mercantilist is the oldest and some would argue the most important and comprehensive theory . It was developed in Europe during the 15th to 18th centuries and was based on the premise that what best-supported national power and wealth was increasing exports and collecting precious metals, such as bullion . The states would then establish colonies, a merchant marine, and develop industry and mining to attain a favorable balance of trade . In order for the states to be able to fund their expansion, pay for their increasingly large armies and cover the growing costs of their government they needed to accumulate wealth. The state became more involved in the economy favoring export-oriented policies because in order to accumulate the much-needed wealth, the state needed to sell more than it bought, or ... [to view the full essay now, purchase below]

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