The international political economy of security

Abstract

The term international political economy in the literature exists at least since 17th century and is connected to Adam Smith. In the 20th century the first academic definition of political economy was probably formulated by Robert Gilpinin in 1975. Since that studies on international political economy flourished and presented different view of the phenomenon. Today the international political economy cover several areas including international security. International organisations such as the International Monetary Fund, World Bank or G–8 base on its statutory activity can influence regional and state security.