Global Political Economy

Global Political Economy explores the economic forces that shape globalization and its effects on countries and world citizens. Economic globalization has impacted national-level economies and individual citizens around the world, from income convergence and global financial instability, to human development achievements and migration flows. Understanding these forces in historical and contemporary context is essential to addressing the opportunities and dangers presented by global economic ties. As countries increasingly undertake active development policies to catch up with the more advanced members of the global community, new debates emerge on the global balance of power, international support for less developed countries, and the rise of new global players.

Understanding global economic forces in historical and contemporary context is essential.

Specific issues within this course area might include world trends in human development; income distribution worldwide and within countries; global financial, monetary and trading systems; financial volatility and debt crises; the economics of global environmental and climate issues; and policy making in and for developing countries.