Power and Institutions in the Global Economy

Catalog description

Power dynamics permeate the global economy, and institutions such as governments, corporations, and international bodies interact with each other in complex and often opaque ways. This course explores the structures, incentives and rules of engagement that shape economic and political outcomes affecting us all. Drawing from multiple disciplines in the social sciences, we will focus on the role of governance mechanisms to prevent abuse of power that can harm markets and people. Topics include corporate legal rights and duties, internal and external enforcement mechanisms, political narratives, the working of the legal system, and the role of media. We will discuss specific cases from major economies around the world and current events. Visitors with extensive experience will enrich class discussions.