International Political Economy (IPE) is the study of how politics and economics interact on a global scale. It examines how countries engage in trade, investment, and finance, and how these activities are influenced by political decisions and power dynamics. IPE looks at the roles of international organizations, such as the World Trade Organization and the International Monetary Fund, in shaping economic policies and practices. Additionally, IPE explores the impact of globalization on national economies and the distribution of wealth and resources. It considers how factors like trade agreements, economic sanctions, and foreign aid affect relationships between countries and influence global economic stability.