Centre for Political Economy

Centre for Political Economy of the Institute of International Relations

The discipline of International Political Economy (IPE) studies the mutual entanglement of political and economic power in international relations, the understanding of which is crucial for strategic decision-making of both state and non-state actors in the contemporary globalized world. This field of study has, however, remained neglected in the Czech social science agenda as both a field of scientific inquiry and a useful perspective for making public policies such as economic diplomacy. The Centre for Political Economy (CPE) has been established by the Institute of International Relations in cooperation with the Jan Masaryk Centre of International Studies of the University of Economics Prague exactly in order to close this gap.

Our centre conducts research activities in two interrelated areas. Contributing primarily to academic debates in the IPE field from a transdisciplinary perspective, we also strive to apply our expertise in the area of economy diplomacy in order to identify and help to improve new trends in this distinct public policy. In general, our centre studies the political-economic dynamics of the current global order in international relations, including, e.g., its multi-level governance, production and financial flows, nested networks of state and non-state actors, and structural inequalities and power asymmetries. This general context allows us to then particularly focus on policy research of economic diplomacy, which generates an applied value for the institutions of public administration. The two areas of interest are bound together by the centre´s overall aim: to respond to the strategic needs and perspectives of Czechia´s economic model within the context of its integration into the present global order as well as into the intermediate regional structures of the European Union.

Our researchers produce three kinds of research outputs. The centre´s main purpose is to variously contribute to the ongoing discussions in IPE scholarship. Grounded in this academic identity, the centre also attempts to produce innovative policy research on economic diplomacy in a close collaboration with public administration institutions. Last but not least, our centre is actively involved and critically intervenes in public debates on contemporary global politics and economy.

Director's introductory word

Although the Center of Political Economy is one of the youngest centers, the idea of its establishment itself can be ranked among the oldest. Establishing a center that would (finally!) contribute to the rehabilitation of political economy as a legitimate and extremely important field was my goal for many years. The sad reduction of complex political (and therefore normative) questions to purely utilitarian issues has been going on for decades.

That is why it is essential to link economic expertise with political expertise. The issues of resource distribution, international trade, and European integration are never just issues of efficiency but always issues that have specific and very different impacts on different parts of the world. They create a higher degree of well-being, but also inequalities and deepening socio-economic differences within our society as well as globally.

This is why we, together with the Jan Masaryk International Studies Center at the University of Economics, set up the Center for Political Economy. This form of cooperation provides the center with excellent conditions for active participation in professional debates in the field of international political economy and specialization in applied research in the field of economic diplomacy.

Whether the issue is an economic crisis or boom, international trade relations, development policy, or economic integration development in Europe, our center will try to develop and cultivate public debates on these important issues. Another aim of the center is to bring a critical perspective into expert debates and then to make this perspective understandable to the widest public audience.

By setting up the Center, the Institute returns to its own roots and re-enriches its own research portfolio by adding to it the economic aspects of international relations. The interdisciplinarity and interinstitutional cooperation that will be typical for the new center are precisely the characteristics that the IIR carries in its genetic information and which are key to it. We thus have no choice but to wish the Center a successful future.

Prof. Mgr. Ing. Petr Kratochvíl, Ph.D., Director of the Institute of International Relations

Activites of the centre

GA ČR: Středoproudové a alternativní ekonomické diskurzy v Česku a na Slovensku, 2018-2020, Tomáš Profant, spoluřešitel.

Náš tým






 Štěpánka Zemánková
 Univesity of Economics
Jana Peterková
University of Economics






Miroslav Machoň
University of Economics

Vladan Hodulák
Associate Researcher