Politics of International Finance

Course Code :2200FSWIFI
Study domain:International relations and di
Academic year:2019-2020
Semester:2nd semester
Contact hours:45
Study load (hours):168
Contract restrictions: Credit and exam contract not possible
Language of instruction:English
Exam period:exam in the 2nd semester
Lecturer(s)Danny Cassimon

3. Course contents *

The more recent past suggests that indeed “we are living in Financial Times” (The Financial Times). Since the 1970s, a global financial system has emerged which has had a profound impact at a global scale. This has been highlighted by a series of financial crises which have culminated in the present Global Financial Crisis and the European debt crisis. But global finance has also affected states during more stable times. Advanced states have become increasingly ‘financialized’, i.e. the short-termism of financial markets has affected the economy, the welfare state and other sectors such as education. The fortunes of developing states have been influenced by the in- and outflows of foreign capital. The rise of global finance has raised the question, how its adverse effects can be contained. Can global finance be effectively regulated? Should financial globalization be reversed? This course addresses the issue of international finance from a political science perspective.