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The Princeton Encyclopedia of the World Economy. (Two volume set)
Edited by Kenneth A. Reinert & Ramkishen S. Rajan
Amy Jocelyn Glass & Lewis S. Davis, associate editors
Benjamin J. Cohen, Ian Goldin, Ronald W. Jones, Peter B. Kenen & Theodore H. Moran, advisors

Hardcover | 2009 | $362.50 / £274.95 | ISBN: 9780691128122
1336 pp. | 8 x 10 | 53 line illus. 35 tables.
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eBook | ISBN: 9781400830404 |
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Reviews | Table of Contents

Alphabetical List of Entries [PDF]
Topical List of Entries [PDF]
Directory of Contributors [PDF]
Introduction [HTML] or [PDF]
Chapter 1 [PDF]

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Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals.

Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy.


  • More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development
  • International team of contributors
  • Annotated list of further reading with each article
  • Topical list of entries
  • Full index and cross-references

Entry categories and sample topics:

  • Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises
  • Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma
  • Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements
  • Policies and instruments: dollar standard, international aid, sanctions, tariffs
  • Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules
  • Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel


"This authoritative encyclopedia makes a timely debut. . . . Its 300 topics are chosen for their value in communicating an 'understanding of economic forces.' The work spans general to specialized topics, and it does this well. . . . [T]his readable set is worth the investment for any academic or large public library."--C. Le Beau, Choice

"The Princeton Encyclopedia of the World Economy beautifully integrates the ideas, theories, institutions, policies, and analyses of the modern global economy. It provides expert essays on four major areas of economic globalization: international trade, international finance, international production, and international economic development. The essays are written in language that bridges the gap between general treatments found in popular publications and the complex analyses found in specialist publications, such as academic journals and monographs. . . . This is a wonderful work for the serious study of the global economy."--Reference & User Services Quarterly

"This two volume set will be a welcome addition in university libraries."--Shannon Graff Hysell, American Reference Books Annual

"What comes across loud and clear with this work is the clarity and intelligibility of the discussion and analysis. . . . For its size, the work offers a great deal, not least of all the sense of having an intelligent conversation with experts who really know but have the gift of not condescending."--Stuart Hannabuss, Reference Reviews


"An excellent idea. This is the kind of book that many students of international political economy, who often feel uncomfortable with the more technical aspects of the subject, will want to consult."--Andrew Walter, London School of Economics and Political Science

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Table of Contents:

Introduction vii Alphabetical List of Entries xiii
Topical List of Entries xix
Directory of Contributors xxv
Entries A-H 1

Subject Areas:

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