“Within the last decade or so we have witnessed severe economic turbulence, including the Eurozone crisis, the international financial crisis that began in 2007 and 2008, and now the global economic distress caused by the Covid 19 outbreak. The economic and political consequences of these events and the subsequent policy responses are still reverberating. Which of the three main theories (Realism, Mercantilism/Economic Nationalism, and Liberalism) of International Political Economy best captures the contemporary age and why?”