Theories in Global Political Economy

Theory in International Relations and International/Global Political Economy

  1. James Rosenau & Mary Durfee. (2000). Thinking Theory Thoroughly: Coherent Approaches to an Incoherent World, 2nd Edition. Westview.
  2. John J. Mearsheimer & Sebastian Rosato. (2023). How States Think: The Rationality of Foreign Policy. Yale University Press.

Mercantilism and Economic Nationalism

  1. David Levi-Faur. (1997). Friedrich List and the Political Economy of the Nation-State. Review of International Political Economy, 4(1): 154-178
  2. Ha Joon Chang, (2002). Kicking Away the Ladder: Development Strategy in Historical Perspective. Anthem Press. 
  3. Reka Juhasz, Nathan Lane, & Dani Rodrik. (2023). The New Economics of Industrial Policy. Annual Review of Economics, 16: 213-242.
  4. Giulio Pugliese (2023) The European Union’s Security Intervention in the Indo-Pacific: Between Multilateralism and Mercantile Interests, Journal of Intervention and State building, 17:1, 76-98.
  5. Farhan Abdul Majiid & Ikhlas Tawazun. (2024). Nasionalisme Ekonomi dalam Integrasi Sistem Pembayaran Digital Melalui QRIS: The ASEAN Way, dalam Arfani, Riza Noer & Kuskridho Ambardi (eds.), Transformasi Digital dan Daya Saing: Seleksi Kasus. Gadjah Mada University Press.

Liberalism and Neoliberalism

  1. Razeen Sally. (2002). Classical Liberalism and International Economic Order. Routledge. 
  2. Heinrich Bortis (2023) Classical-Keynesian Political Economy, not Neoclassical Economics, is the Economic Theory of the Future, Review of Political Economy, 35:1, 65-97.
  3. Wendy Larner. (2000). Neoliberalism: Policy, Ideology, Governmentality. Studies in Political Economy.63: 5-25.

Keynesianism

  1. Heinrich Bortis (2023) Classical-Keynesian Political Economy, not Neoclassical Economics, is the Economic Theory of the Future, Review of Political Economy, 35:1, 65-97.

Marxism

  1. Peter Burnham. (2001). Marx, International Political Economy, and Globalization, Capital & Class, 75: 103-112.
  2. Terrence Mcdonough (1995). Lenin, Imperialism, and the Stages of Capitalist Development. Science & Society. 59(3): 339-367.
  3. Mario González Arencibia. (2011). Socialism Between Globalization and The Market: The Experience of Europe, China, And Vietnam. World Review of Political Economy, 2(1): 105-116.
  4. Thomas Piketty. (2014). Capital in the Twenty-First Century. Belknap Press. Chapter 1 (Introduction).

Leninism

  1. Terrence Mcdonough (1995). Lenin, Imperialism, and the Stages of Capitalist Development. Science & Society. 59(3): 339-367.

Constructivism

  1. Muhadi Sugiono. (1999). Kritik Antonio Gramsci Terhadap Pembangunan Dunia Ketiga. Pustaka Pelajar.
  2. Rawi Abdelal. 2009. Constructivism as an Approach to International Political Economy, in Mark Blyth (ed.). Routledge Handbook of International Political Economy: IPE as a Global Conversation. Routledge.

Socialism

  1. Mario González Arencibia. (2011). Socialism Between Globalization and The Market: The Experience of Europe, China, And Vietnam. World Review of Political Economy, 2(1): 105-116.

Social Democracy

  1. Stephen Driver & Luke Martell. (2000). Left, Right, and the Third Way. Policy & Politics. 28(2): 147-161.

Structuralism

  1. Carolina Alves, et.al. (2025). Decolonizing Economics: An Introduction. Wiley.
  2. Susan Strange. (1994). States and Market, 2nd Edition. London: Bloomsbury. Chapter 2.

Dependency Theory

  1. Immanuel Wallerstein. (1974). The Rise and Future Demise of the World Capitalist System: Concepts for Comparative Analysis. Comparative Studies in Society and History. 16(4): 387-415.
  2. Felipe Antunes de Oliveira & Ingrid Harvold Kvangraven (2023) Back to Dakar: Decolonizing international political economy through dependency theory, Review of International Political Economy, 30:5, 1676-1700.

Post-Colonialism

  1. Gurminder K. Bhambra (2021) Colonial global economy: towards a theoretical reorientation of political economy, Review of International Political Economy, 28:2, 307-322.
  2. Kwame Nkrumah. (1965). Neo-Colonialism: The Last Stage of Imperialism. Thomas Nelsons & Sons. 

Critical Theory

  1. Robert W. Cox. (1981). Social Forces, States, and World Orders: Beyond International Relations Theory. Millennium. 10(2): 126-155.
  2. Adam David Morton. (2003). Social Forces in the Struggle over Hegemony: Neo-Gramscian Perspectives in International Political Economy. 15(2): 153-179.

Institutionalism

  1. Daron Acemoglu & James Robinson. (2006). Why Nations Fail? The Origins of Power, Prosperity, and Poverty. Crown Publishers. Chapter 13.
  2. Douglass C. North. (1990). Institutions, Institutional Change, and Economic Performance. Cambridge: Cambridge University Press.
  3. Farhan Abdul Majiid (2023). Economic Crisis and Institutional Transformation: Analysis of Indonesia 1998 and Greece 2009. Master Thesis. Chapter 1 & 2.
  4. Wolfgang Streeck. (2010). Taking Capitalism Seriously: Toward and Institutionalist Approach to Contemporary Political Economy. MPIfG Working Paper, No. 10/15.
  5. Elinor Ostrom (1990/2015). Governing the Commons: The Evolution of Institutions for Collective Actions. Cambridge University Press. Chapter 2
  6. John Conybeare. (1984). Public Goods, Prisoners’ Dilemmas, and the International Political Economy. International Studies Quarterly, 28(1): 5-22.

Feminism

  1. Claudia Goldin. (1990). Understanding the Gender Gap: An Economic History of American Women. Oxford: Oxford University Press.
  2. Esther Duflo. (2011). Women Empowerment and Economic Development. NBER Working Paper Series
  3. Jennifer Cohen. (2018). What’s Radical About [Feminist] Radical Political Economy? Review of Radical Political Economics, 50(4): 716-726.
  4. Rosemary-Claire Collard & Jessica Dempsey. (2019). Two Icebergs: Difference in Feminist Political Economy. Environmental Planning A: Economy and Space. 52(1): 1-11.

Environmentalism and Green Economy

  1. William Nordhaus (2015). The Climate Casino: Risk, Uncertainty, and Economics for A Warming World. Yale University Press.
  2. Olivia Bina (2013). The Green Economy and Sustainable Development: An Uneasy Balance? Environment and Planning C: Government and Policy. 31: 1023-1047.
  3. Victor Menaldo. (2016). The Institutions Curse: Natural Resources, Politics, and Development.Cambridge: Cambridge University Press. 
  4. Macartan Humphreys et.al. (2007). Escaping the Resource Curse. Columbia University Press. Chapter 1 (Introduction).

Sukarno and Global Political Economic Structure

  1. Sukarno. (1960). Pancasila Sebagai Dasar Negara. Speech before the Presidential Course on Pancasila, Istana Negara, Jakarta, 26 May 1958.

Hatta and Co-operatives

  1. Mohammad Hatta. (1955). The Co-operative Movement as An Institution for Teaching Auto-activity and A High Economic Character. Speech before the Third Seminar and Co-operative, Bandung, 8 August 1955.

Ekonomi Pancasila

  1. Munawar Ismail, et.al. (2014). Sistem Ekonomi Indonesia: Tafsiran Pancasila & UUD 1945. Penerbit Erlangga. Chapter 4.
  2. Amiruddin Al-Rahab. (2014). Ekonomi Berdikari Sukarno. Komunitas Bambu.
  3. Mubyarto. (2003). Ekonomi Pancasila: Renungan Satu Tahun Pustep UGM.
  4. Sulfikar Amir. (2008). The Engineers versus The Economists: The Disunity of Technocracy in Indonesian Development. Bulletin of Science, Technology, and Society. 28(4): 316-323.

Habibienomics vs Widjojonomics

  1. Sulfikar Amir. (2008). The Engineers versus The Economists: The Disunity of Technocracy in Indonesian Development. Bulletin of Science, Technology, and Society. 28(4): 316-323.

Islamic Economics

  1. Masudul Alam Choudury. (1983). Principles of Islamic Economics. Middle Eastern Studies. 19(1): 93-103.
  2. Charles Tripp. (2006). Islam and The Moral Economy. Cambridge University Press. Chapter 3.
  3. Suwarsono Muhammad. (2023). Kapitalisme Religius: Peradaban Islam Masa Depan. LP3ES. Chapter 6.
  4. Shofwan Al Banna Choiruzzad. (2013). More Gain, More Pain: The Development of Indonesia’s Economic Movement (1980s-2012), Indonesia, 19: 125-172.