By Imad El-Anis
Kinfolk among the us and the center East are facing a interval of vital switch within which using strength in pursuit of nationwide pursuits has proved to be more and more counter-productive. a brand new coverage course has been followed which seeks to advertise fiscal integration, improvement and cooperation. the hot proliferation of US-Middle East loose exchange agreements is a corner-stone of this new international coverage process. Imad El-Anis the following bargains an research of ways unfastened exchange and financial integration can influence US-Middle East family by utilizing the Jordan-US courting as an instance. This booklet is vital examining for these wishing to appreciate the recent course people overseas monetary coverage in the direction of the center East and the accompanying reforms taking form within the Arab international.
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Extra info for Jordan and the United States: The Political Economy of Trade and Economic Reform in the Middle East (Library of International Relations)
Sample text
However, within heterodox IPE the problem of hierarchy in the issue agenda has resurfaced. In short, the issues mentioned above as subordinate to international trade in orthodox IPE have, individually, become the primary focus in the ‘new’ IPE. 34 JORDAN AND THE U NITED STATES A realisation is needed that IPE can be, perhaps above all other social sciences, the most diverse discipline in terms of scope and methodological approaches and capacity for change. Adopting a hierarchical issue agenda which has as a core formative element the principle of selectivity is perhaps the most serious hindrance to the development and generation of IPE research.
Alternatively, consider some of the later work of Karl Marx such as Das Kapital,68 which can be taken as more obviously linked to the contemporary discipline of IPE as it deals with an analysis of capitalism and related economic theories. Here, Marx constructs conclusions about the social consequences of the combined actions of a number of rational individual actors, namely capitalists, within the context of historical social institutions. In short, his was a theory of action which linked issues of structure and agency (social causation and actions of the individual) into a single explanatory framework.
46 This highlights one of the core problems of orthodox IPE research in relation to paradigms. Orthodox methodology From the above example of what orthodox IPE research can look like and the results it may produce it is possible to take the examination of orthodox IPE further by examining the methodological range employed. 47 The first stems from the orthodox perception of all IPE research being positivist and scientific. This ‘positivist epistemology’ 48 creates what has been termed the most restrictive methodological approach used by orthodox IPE.