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Science and the system: IPE and international monetary politics

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  • Stephen Chaudoin
  • Helen V. Milner

Abstract

A recent RIPE article by Jerry Cohen argues that current research on the political economy of money has stagnated because of its overemphasis on the scientific method and domestic variables. We argue that a wide array of scientifically oriented research on the IPE of money considers the system in many different ways. To help build a dialogue, we categorize each of these conceptions of ‘the system’ and give examples of their application from recent research on the IPE of money. Our hope is that this typology will help scholars of different approaches recognize the similarities and differences in their research, beyond simply whether the research is scientific or heterodox.

Suggested Citation

  • Stephen Chaudoin & Helen V. Milner, 2017. "Science and the system: IPE and international monetary politics," Review of International Political Economy, Taylor & Francis Journals, vol. 24(4), pages 681-698, July.
  • Handle: RePEc:taf:rripxx:v:24:y:2017:i:4:p:681-698
    DOI: 10.1080/09692290.2017.1302974
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    References listed on IDEAS

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    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "Varieties of Crises and Their Dates," Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly, Princeton University Press.
    2. Eswar S. Prasad, 2015. "The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance," Economics Books, Princeton University Press, edition 1, volume 1, number 10182-2.
    3. Daniel W. Drezner, 2007. "Bringing the Great Powers Back In, from All Politics Is Global: Explaining International Regulatory Regimes," Introductory Chapters, in: All Politics Is Global: Explaining International Regulatory Regimes, Princeton University Press.
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    Cited by:

    1. Mustafa Yagci & Caner Bakir, 2021. "Bridging international political economy and public policy and administration research on central banking [The missing politics of central banks]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 40(4), pages 502-521.

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