Globalization: Challenges in International Economics & Politics

What is the impact of the resurgence of populism, nativism, and geopolitical competition on foreign relations and economic growth? Is China’s push to turn the renminbi into a global currency a threat or an opportunity? What are the implications of an unsustainable levels of public debt (U.S., Europe, Latin America, and Asia) on the future of international monetary and financial architecture? Given questions such as these, this course examines the interplay between globalizing pressures and national interests.

Working from a multilateral perspective, students use case studies to examine the nature of relations between nation-states in a period of increased economic and political integration. Topics include theories of international political economy in relation to foreign aid and sovereign debt, international trade and capital flows, security and non-state actors, rights-based approaches to development and humanitarian emergencies, energy sustainability, and the role of international organizations and financial institutions.

For counterpoint, students also examine the political, ideological, and social determinants of domestic political economies, including that of the United States. The political mechanisms of economic policy-making and the relationship between domestic policy and foreign policy are explored using theoretical, historical, and topical cases; examples include the political economy of income distribution and social welfare, national defense and hegemony, the national debt, and globalization.

Students examine these and other topics through lecture, research, academic and policy dialogue, group projects and presentations, peer critiques, and guest speakers. For students enrolled in the in person program, the course typically includes a visit to the United Nations Headquarters.