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Research Paper | Arts and Humanities | Somalia | Volume 12 Issue 12, December 2023
Governance and International Political Economy
Abstract: Governance and International Political Economy (IPE) is an interdisciplinary area of study that examines the intersection of politics and economics at the international level. It explores how political institutions, policies, and actors influence economic outcomes and vice versa. Global Governance refers to the institutions, processes, and norms that govern international relations and global economic activities (Cohen, B. J. 2020). Additionally, the Author examines the roles and functions of international organizations such as the United Nations, World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank in shaping global economic governance. Moreover, Governance and International Political Economy provide a comprehensive framework for understanding the multifaceted relationship between politics and economics on the global stage. Equally important, by examining governance structures, international institutions, trade, finance, development, and power dynamics, scholars in this field contribute to our understanding of how decisions and actions in the political realm shape economic systems and vice versa. The objective of researching this title for "Governance and International Political Economy" is to investigate a deeper understanding of the relationship between governance systems and the international political economy. This article focuses on examining how different forms of governance, both national and international, shape and influence economic interactions among nations Furthermore, this knowledge is vital for policymakers, businesses, and individuals seeking to navigate the complexities of the global economy and address pressing economic challenges. My argument purpose of researching governance and international political economy is to deepen scholar understanding of how governance mechanisms shape economic interactions at the international level, and to inform policies and decision-making processes to address global challenges and promote sustainable economic development.
Keywords: Governance, Theory, International, Political, Economy
Edition: Volume 12 Issue 12, December 2023,
Pages: 1452 - 1458