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Continuities and Change in IPE at the Start of the Twenty-first Century Read chapter Read first chapter

2019 | OriginalPaper | Chapter

3. Global Market Power

Author : Helge Hveem

Published in: The Palgrave Handbook of Contemporary International Political Economy

Publisher: Palgrave Macmillan UK

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Abstract

International Political Economy (IPE) scholars discussed market power in the past but not in the last couple of decades. Given the importance of both ‘market’ and ‘power’, this is a weakness that IPE should correct. This chapter reviews its past contributions as well as those of other disciplines and offers a set of concepts and theories of what market power is, what motivates which agents to use it, and how structure modifies or helps agency to exercise it. The chapter ends on the challenges to the study of market power represented by the evolving digital economy.

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Footnotes
1
Check the most read textbooks in International Political Economy (IPE) for specific references to ‘market power’; Caporaso and Levine (1992) is one important exception, Strange (1988) to some extent another.
 
2
Time Magazine, 19 March 2018.
 
3
For a broad analysis of Xi’s strategic ambitions, see Ross and Bekkevold 2016.
 
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Metadata
Title
Global Market Power
Author
Helge Hveem
Copyright Year
2019
Book
The Palgrave Handbook of Contemporary International Political Economy

Print ISBN: 978-1-137-45442-3

Electronic ISBN: 978-1-137-45443-0

Copyright Year: 2019

DOI
https://doi.org/10.1057/978-1-137-45443-0_3