Abstract
Political economy of international organizations, a subfield of international political economy, seeks to systematically explain the interaction of economic and political processes that shape the foundation, structure and outputs of international institutions created by states for the maximization of their interests. This study aims at providing an overview of the discipline. The goal is to explore past and present debates and questions that have guided research on the problem of interstate cooperation. The study, in line with the evolution of the discipline, focuses on three major topics. The study, following a conceptual discussion of political economy and international political economy to establish the boundary of the field, explores paradigmatic debates on the role and influence of international institutions. Attention is devoted to the question of why states join international organizations and abide by their rules. This section also explores factors that influence the structure and design of international organizations. The article, in the second place, explores institutional autonomy and the degree of independence enjoyed by international institutions. It examines debates over political factors that influence policy outputs of institutions. The role and impact of interest groups and institutional bureaucracy on the process of institutional cooperation comprise the third concern of the study. The interaction between local actors, national politicians and institutional bureaucracy is explored in relation to the issue of bureaucratic autonomy and its implications.