: A critical theory approach to political economy “does not take institutions and social and power relations for granted but calls them into question by
concerning itself with their origins and whether they might be in the process of changing” (Cox). For a
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A critical theory approach to political economy “does not take institutions and social and power relations for granted but calls them into question by concerning
itself with their origins and whether they might be in the process of changing” (Cox). For any institution or social relation of your choice, apply a critical theory
approach to illustrate both the origins of this institution or relation and whether (and, if so, how) it is in the process of changing.
Examples of institutions you might study could include the World Bank, the International Monetary Fund, the World Trade Organisation, the EU (or an element thereof), a
non-European regional governance institution, or an arm of the Irish state. Examples of social relations could include: those between creditors and debtors in the EU,
or in the global economy more broadly; between states and/or societies negotiating trade and investment treaties; between the US and ‘emerging’ powers such as China;
or between the principal drivers and principal victims of climate change. But do not feel constrained by this list – any theme may be explored provided an appropriate
critical theory approach is adopted.
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The essay topic clearly says what to write about concerning world bank applying critical theory