political economy


Definition of political economy

1 : economics
2 : the theory or study of the role of public policy in influencing the economic and social welfare of a political unit

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Other Words from political economy

political economist noun

Examples of political economy in a Sentence

Recent Examples on the Web

Such policy will also need to remake the international political economy to build both cross-national solidarities and domestic alliances. Matt Simon, WIRED, "Don't Ask How to Pay for Climate Change. Ask Who," 2 Aug. 2019 His key research focus has been on monetary and macroeconomic theory and the political economy. latimes.com, "Trump’s latest Fed choices are a longtime monetary dove and a onetime gold bug," 3 July 2019 One of the reasons philanthropists sometimes fail to measure what really matters is that the global political economy primarily seeks what is efficient and scalable. Wired, "Philanthropy and the Challenge of Quantifying Success," 30 July 2019 Many analysts believe the gap between the two countries reflects fundamental differences in their political economies, differences that will be difficult to bridge. Don Lee, latimes.com, "Trump and Xi agree to restart trade talks, put hold on new tariffs," 29 June 2019 Vittorio Zunino Celotto/Getty Images Economist Dani Rodrik, a professor of international political economy at the Harvard Kennedy School of Government, has made critiques of financial globalism for years. Emily Heller, Vox, "The economist appeared on The Ezra Klein Show to discuss Trump’s trade war.," 19 July 2018 The real debate, as Williamson goes on to suggest, concerns the structure, balance, and integration of the elements that make up our political economy. Will Wilkinson, Vox, "“Socialism” vs. “capitalism” is a false dichotomy," 16 Aug. 2018 Kristen Hopewell is a senior lecturer in international political economy at the University of Edinburgh. Kristen Hopewell, Washington Post, "What is ‘Made in China 2025’ — and why is it a threat to Trump’s trade goals?," 3 May 2018 But climate hawks should be designing their policies around the real political economy, in which multiple goals and strategies must be pursued at once. David Roberts, Vox, "Big oil and Bush-era lobbyists are teaming up to support a carbon tax," 22 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'political economy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of political economy

1868, in the meaning defined at sense 1

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Statistics for political economy

Last Updated

17 Aug 2019

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The first known use of political economy was in 1868

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More from Merriam-Webster on political economy

Britannica.com: Encyclopedia article about political economy

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a usually brief trip or an expedition

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