The old IPE and the new

  title={The old IPE and the new},
  author={Robert O. Keohane},
  journal={Review of International Political Economy},
  pages={34 - 46}
  • Robert O. Keohane
  • Published 16 February 2009
  • Economics
  • Review of International Political Economy
ABSTRACT The ‘old’ IPE of the 1960s and 1970s explored the political implications of economic interdependence, in an analytically loose but creative way. The ‘new IPE’, as embodied in the open economy politics approach, is more rigorous and has the virtue of integrating comparative and international political economy into a common framework. But it pays too little attention both to how interests are constructed and how policies are subject to processes of international diffusion, and it is… 

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