IDEAS home Printed from https://ideas.repec.org/a/oup/polsoc/v40y2021i4p467-483..html
   My bibliography  Save this article

Horses for courses. The roles of IPE and Global Public Policy in global energy research
[The profits of power: Commerce and realpolitik in Eurasia]

Author

Listed:
  • Andreas Goldthau
  • Nick Sitter

Abstract

Although IPE and GPP overlap conceptionally and empirically, there is a case for keeping GPP and IPE analytically distinct. To simplify: GPP tells us why we need international regimes for energy, while IPE tells us why we only have incomplete ones. Although many scholars draw on both sets of literatures, the two approaches to the study of energy market, regulation and politics entail asking different types of questions based on distinct theories and assumptions. The central propositions in this article are that i) in a rapidly changing world of energy scholars from both camps need to be aware of and open to insights from the other school; ii) that the distinction between market-focused liberal scholars on one hand and security-oriented or realist scholars on the other is increasingly important; and iii) that although IPE and GPP scholars can fruitfully accommodate insights from each others literature, the two approaches to the study of energy policy are best valued by their own analytical contribution – even as we grapple with new, cross-cutting issues such as the geopolitics and geo-economics of global energy transitions.

Suggested Citation

  • Andreas Goldthau & Nick Sitter, 2021. "Horses for courses. The roles of IPE and Global Public Policy in global energy research [The profits of power: Commerce and realpolitik in Eurasia]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 40(4), pages 467-483.
    • Handle: RePEc:oup:polsoc:v:40:y:2021:i:4:p:467-483.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14494035.2020.1864100
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Caroline Kuzemko & Andrew Lawrence & Matthew Watson, 2019. "New directions in the international political economy of energy," Review of International Political Economy, Taylor & Francis Journals, vol. 26(1), pages 1-24, January.
    2. Kaul, Inge & Conceicao, Pedro & Le Goulven, Katell & Mendoza, Ronald U. (ed.), 2003. "Providing Global Public Goods: Managing Globalization," OUP Catalogue, Oxford University Press, number 9780195157413.
    3. Hughes, Llewelyn & Meckling, Jonas, 2018. "Policy competition in clean technology: Scaling up or innovating up?," Business and Politics, Cambridge University Press, vol. 20(4), pages 588-614, December.
    4. Sam Fankhauser & Alex Bowen & Raphael Calel & Antoine Dechezlepr�tre & David Grover & James Rydge & Misato Sato, 2012. "Who will win the green race? In search of environmental competitiveness and innovation," GRI Working Papers 94, Grantham Research Institute on Climate Change and the Environment.
    5. Andreas Goldthau, 2017. "The G20 must govern the shift to low-carbon energy," Nature, Nature, vol. 546(7657), pages 203-205, June.
    6. Andreas Goldthau & Llewelyn Hughes, 2020. "Protect global supply chains for low-carbon technologies," Nature, Nature, vol. 585(7823), pages 28-30, September.
    7. Smith Stegen, Karen, 2015. "Heavy rare earths, permanent magnets, and renewable energies: An imminent crisis," Energy Policy, Elsevier, vol. 79(C), pages 1-8.
    8. M.A. Adelman, 1980. "The Clumsy Cartel," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    9. Rawi Abdelal, 2013. "The profits of power: Commerce and realpolitik in Eurasia," Review of International Political Economy, Taylor & Francis Journals, vol. 20(3), pages 421-456, June.
    10. Andreas Goldthau, 2012. "From the State to the Market and Back: Policy Implications of Changing Energy Paradigms," Global Policy, London School of Economics and Political Science, vol. 3(2), pages 198-210, May.
    11. Andreas Goldthau & Nick Sitter, 2015. "Soft power with a hard edge: EU policy tools and energy security," Review of International Political Economy, Taylor & Francis Journals, vol. 22(5), pages 941-965, October.
    12. Karlsson-Vinkhuyzen, Sylvia I. & Jollands, Nigel & Staudt, Lawrence, 2012. "Global governance for sustainable energy: The contribution of a global public goods approach," Ecological Economics, Elsevier, vol. 83(C), pages 11-18.
    13. Behuria, Pritish, 2020. "The politics of late late development in renewable energy sectors: Dependency and contradictory tensions in India’s National Solar Mission," World Development, Elsevier, vol. 126(C).
    14. Peter Newell, 2019. "Trasformismo or transformation? The global political economy of energy transitions," Review of International Political Economy, Taylor & Francis Journals, vol. 26(1), pages 25-48, January.
    15. Caroline Kuzemko, 2019. "Re-scaling IPE: local government, sustainable energy and change," Review of International Political Economy, Taylor & Francis Journals, vol. 26(1), pages 80-103, January.
    16. Morgan Bazilian & Michael Bradshaw & Johannes Gabriel & Andreas Goldthau & Kirsten Westphal, 2020. "Four scenarios of the energy transition: Drivers, consequences, and implications for geopolitics," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(2), March.
    17. Horace Campbell, 2008. "China in Africa: challenging US global hegemony," Third World Quarterly, Taylor & Francis Journals, vol. 29(1), pages 89-105.
    18. Goldthau, Andreas & Sitter, Nick, 2015. "A Liberal Actor in a Realist World: The European Union Regulatory State and the Global Political Economy of Energy," OUP Catalogue, Oxford University Press, number 9780198719595.
    19. Jeffrey D. Wilson, 2015. "Multilateral Organisations and the Limits to International Energy Cooperation," New Political Economy, Taylor & Francis Journals, vol. 20(1), pages 85-106, February.
    20. Mark Leonard & Jean Pisani-Ferry & Elina Ribakova & Jeremy Shapiro & Guntram B. Wolff, 2019. "Redefining Europe’s economic sovereignty," Policy Contributions 31321, Bruegel.
    21. William Nordhaus, 2015. "Climate Clubs: Overcoming Free-Riding in International Climate Policy," American Economic Review, American Economic Association, vol. 105(4), pages 1339-1370, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gavin Bridge & Ludger Gailing, 2020. "New energy spaces: Towards a geographical political economy of energy transition," Environment and Planning A, , vol. 52(6), pages 1037-1050, September.
    2. Apergi, Maria & Zimmermann, Eva & Weko, Silvia & Lilliestam, Johan, 2023. "Is renewable energy technology trade more or less conflictive than other trade?," Energy Policy, Elsevier, vol. 177(C).
    3. Stern, Nicholas & Sivropoulos-Valero, Anna Valero, 2021. "Innovation, growth and the transition to net-zero emissions," LSE Research Online Documents on Economics 114385, London School of Economics and Political Science, LSE Library.
    4. Mehdi Abbas & Catherine Locatelli, 2019. "Interdependence as a lever for national hybridization: The EU-Russia gas trade [L’hybridation des systèmes institutionnels nationaux dans l’interdépendance. Les échanges gaziers UE-Russie]," Post-Print hal-02472141, HAL.
    5. Nicholas Stern & Anna Valero, 2021. "Innovation, growth and the transition to net-zero emissions," CEP Discussion Papers dp1773, Centre for Economic Performance, LSE.
    6. Locatelli, C. & Abbas, M., 2019. "Interdépendance complexe et hybridation des modèles institutionnels nationaux : le cas des relations énergétique UE-Russie," Working Papers 2019-02, Grenoble Applied Economics Laboratory (GAEL).
    7. Stern, Nicholas & Valero, Anna, 2021. "Innovation, growth and the transition to net-zero emissions," Research Policy, Elsevier, vol. 50(9).
    8. Sylvia I. Karlsson-Vinkhuyzen & Nigel Jollands, 2013. "Human security and energy security: a sustainable energy system as a public good," Chapters, in: Hugh Dyer & Maria Julia Trombetta (ed.), International Handbook of Energy Security, chapter 23, pages 507-526, Edward Elgar Publishing.
    9. Sanderink, Lisa & Nasiritousi, Naghmeh, 2020. "How institutional interactions can strengthen effectiveness: The case of multi-stakeholder partnerships for renewable energy," Energy Policy, Elsevier, vol. 141(C).
    10. Weko, Silvia & Goldthau, Andreas, 2022. "Bridging the low-carbon technology gap? Assessing energy initiatives for the Global South," Energy Policy, Elsevier, vol. 169(C).
    11. Locatelli, C., 2018. "La confrontation des systèmes institutionnels nationaux dans l'interdépendance : les échanges gaziers UE-Russie," Working Papers 2018-03, Grenoble Applied Economics Laboratory (GAEL).
    12. Landry, Paulina, 2020. "The EU strategy for gas security: Threats, vulnerabilities and processes," Energy Policy, Elsevier, vol. 144(C).
    13. Nicholas Stern & Anna Valero, 2021. "Innovation, growth and the transition to net-zero emissions," POID Working Papers 008, Centre for Economic Performance, LSE.
    14. Hugh Dyer & Maria Julia Trombetta (ed.), 2013. "International Handbook of Energy Security," Books, Edward Elgar Publishing, number 15019.
    15. Miloslav Machoň, 2017. "Global Public Goods: The Case for the Global Earth Observation System of Systems [Globální veřejný statek na příkladu Systému systémů globálního pozorování Země]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2017(3), pages 68-83.
    16. Catherine Locatelli, 2018. "La confrontation des systèmes institutionnels nationaux dans l'interdépendance : les échanges gaziers UE-Russie," Working Papers hal-01715932, HAL.
    17. Eskander, Shaikh & Fankhauser, Samuel, 2021. "The impact of climate legislation on trade-related carbon emissions, 1997–2017," LSE Research Online Documents on Economics 111509, London School of Economics and Political Science, LSE Library.
    18. Michael Carnegie LaBelle, 2023. "Energy as a weapon of war: Lessons from 50 years of energy interdependence," Global Policy, London School of Economics and Political Science, vol. 14(3), pages 531-547, June.
    19. Philip K. Verleger Jr., 2015. "Structure Matters: Oil Markets Enter the Adelman Era," The Energy Journal, International Association for Energy Economics, vol. 0(Adelman S).
    20. John Mathews & Elizabeth Thurbon & Sung-Young Kim & Hao Tan, 2023. "Gone with the wind: how state power and industrial policy in the offshore wind power sector are blowing away the obstacles to East Asia’s green energy transition," Review of Evolutionary Political Economy, Springer, vol. 4(1), pages 27-48, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:polsoc:v:40:y:2021:i:4:p:467-483.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/policyandsociety .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.