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Preferred term

economic interdependence  

Definition

  • Economic interdependence is a concept from the international political economy area of study, and it relates to the level of interconnectedness between two nation-states. The idea of political economy dates back to the birth of liberalism in the seventeenth century and is further discussed by eighteenth-century European philosophers Immanuel Kant, Baron de Montesquieu, and Adam Smith. [Source: The Encyclopedia of Political Science; Economic Interdependence]

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https://concepts.sagepub.com/social-science/concept/economic_interdependence

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