Changes to the new edition include:
- updates throughout to reflect recent world events, including coverage of trade negotiations and the Greek crisis;
- expanded discussion of pluralist approaches with more coverage of alternative schools of thought;
- discussions of the growing financialization of global economic activity;
- additional real-world examples;
- increased coverage of environmental issues; transnational corporations and their behavior in the international economy; the difference between international investment and international finance; and monetary history;
- a consolidated and updated chapter on international banking.
This book also maintains a broad perspective that links economic activity to the social and natural spheres of human activity, with emphasis on the distributional and environmental effects of international trade, investment, finance, and migration. Chapter summaries, key terms and concepts, problems and questions, and a glossary are included in the book. A Student Study Guide and an Instructor's Manual are available online.
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