International Political Economy in Times of Crisis

Catalog description

Course examines the connections between financial markets and their regulatory environments in both contemporary and historical perspectives. The first part of the course introduces basic arguments and concepts on how financial markets work and the regulatory politics that affect them. The second part focuses on the recent history of financial crises, and the third part, on causes of and reactions to the financial crisis of 2008. This includes consideration of the last worldwide financial and economic crisis, its management, and whether a policy of “austerity” is either compatible with or sustainable under democratic politics. (Offered every Spring)