Political Economy of Global Finance
This advanced topic course will run in the Winter term for one week, between 7-11 March.
The course explains why financial markets exist and how they have evolved by looking at the agents, actors, and institutions that generate a demand for them. The consequences of increasingly integrated markets, and the possibility of systemic financial crises are considered, as well as the implications and feasibility of regulation. We will pay close attention to the shift from the repressed financial systems of the Bretton Woods period to the more lightly regulated financial systems of the 1990s and 2000s.