The fifth edition of Global Political Economy offers a comprehensive introduction to global political economy, combining theory, history, and contemporary issues and debates. Renowned for its balance of empirical material and critical analysis, the expert authors introduce readers to the diversity of perspectives in global political economy, and encourage students to unpack claims and challenge explanations.This new edition features a rewritten chapter on the Global Trade Regimes and thorough updates throughout to reflect the rise of new actors and the role of developing economies in global governance.New to this Edition Chapter 5: 'The Evolution of the Global Trade Regime' has been rewritten by Professor Ann Capling (University of Melbourne) and Dr Silke Trommer (University of Manchester). Part Two: 'Global Trade and Productions' has been restructured to include Chapter 7: 'The Globalization of Production' to provide students more comprehensive coverage of global trade and production. Increased coverage of the rise of new actors, especially the BRICs, and the role of developing economies in global governance.