IPE is the study of a problématique, or set of related problems. The traditional IPE
problématique includes analysis of the political economy of international trade, international
finance, North-South relations, multinational corporations, and hegemony. This problématique
has been broadened in recent years as many scholars have sought to establish a New IPE that is
less centered on International Politics and the problems of the nation-state and less focused on
economic policy issues. These scholars seek to create a new discipline of IPE that would
transcend the perceived limits International Politics and International Economics as fields of
study and research.