GLOBL 132
The Political Economy of the Globalization of Finance
University of California Santa Barbara · UGRD · Fall 2026
Catalog description
A critical and historical exploration of the economics and politics of finance as they operate on a global scale in the 20th & 21st centuries. Students examine the historical roots, driving forces, consequences, and challenges of financial globalization, delving into how it shapes interactions within domestic economies with a particular focus on developing and emerging economies. Additionally, we examine financialization and its implications for developing and emerging economies. Other topics include financial (de)regulations, the role of global financial institutions, financial power dynamics, the hierarchical structure of the global financial system, and the integration of financial systems on a global scale.
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