Money in Global Politics: Politics of global trade, finance, and development.

Catalog description

This course focuses on the forces shaping countries' foreign economic policies. Why do governments choose to protect some industries behind high tariff walls while leaving others exposed to international competition? Why have many countries removed barriers to crossborder financial flows - and what are the political consequences of financial market openness? Have the series of economic crises over the past couple of decades shifted the distribution of global economic and political power? In this course, we will develop an analytical toolkit to provide insight into these and other questions. The course is organized thematically. We start with an (1) overview of globalization and the world economy today. Following the introduction, we discuss (2) theoretical building blocks devoted to the main issue areas that concern IPE specialists: international trade, money, and finance. (3) Then we apply the theoretical frameworks in the historical context from 1896 to today. The rest of the course focuses on (4) current issues in IPE.