An authoritative introduction to the development and character of the global political economy. Critically acclaimed in its previous editions, it offers unique depth and breadth of analysis.

New for the 3rd edition; substantial coverage of Asia, a re-vamp of the core theoretical framework and analysis of the global financial crisis.

This important text covers historical and geographical dimensions of globalisation and offers a clear understanding of how and where globalisation came from. It follows the development of the global political economy from inception to the 21st century. A must read for all students

'This edition improves on an already outstanding text. What Schwartz does here is highly unusual and highly rewarding: he draws students into an adventure in learning that conveys knowledge about both the origins and evolution of a global political economy and the development of IPE as a branch of learning. And he brings it up to-date in a manner that places students at the center of important contemporary debates. If students have a choice of textbooks, this is the one.' Randall D. Germain, Carleton University, Canada

'States Versus Markets has long been essential reading for those who seek to understand globalization and its periodic struggles with global imbalances and financial volatility. Professor Schwartz has now done it for the third time, and in keeping with his record this new third edition is yet better and richer than earlier excellence. Unlike more simplistic accounts, this highly approachable work offers a clear understanding of how and where 'globalization' came from and what it actually means for contemporary societies, gently debunking well-worn myths along the way. It is not only an impressive work of scholarship but also a pleasure to read, culminating in a dramatic account of financial crisis and the future of the global political economy.' - Geoffrey R.D. Underhill, University of Amsterdam

HERMAN M. SCHWARTZ Professor of Politics, University of Virgnia, USA

WORK:

UNIVERSITY OF VIRGINIA, Charlottesville VA

Professor, Woodrow Wilson Department of Politics, (Asst Prof. 89-94; Assoc Prof. 95-02)

NEW SCHOOL FOR SOCIAL RESEARCH, New York NY

Assistant professor, Political Science Department, 9/86 - 6/89

EDUCATION:

CORNELL UNIVERSITY, M.A. 1984; Ph.D.1986

SWARTHMORE COLLEGE, B.A. with Distinction, 1980