Module Identifier IP32720  
Academic Year 2001/2002  
Co-ordinator Dr Randall Germain  
Semester Semester 2  
Course delivery Seminars / Tutorials   16 Hours (1 x 2 hour)  
  Lecture   4 Hours (2 x 2 hour)  
Assessment Major Project   1 x 4,000 word research paper   70%  
  Essay   1x 2,000 words   30%  

Brief description

This module explores the structural characteristics of the global financial system and examines some issues currently under debate. It will be of interest to those students concerned both with IPE more broadly construed and with questions of global economic governance.


This module aims to enable students to evaluate critically the organisation and structure of the global financial system using analytical tools derived from the tradition of political economy. By taking this module, students will both gain an appreciation of current financial issues and equip themselves for further research into the political economy of global finance.


On completion of this module, students should be:

- familiar with different approaches to the study of global finance
- aware of the global financial system has been organised in different historical epochs
- conversant with the changing role of public authorities in the construction and maintenance of international financial stability
- knowledgable about some current global financial issues

Reading Lists

Barry Eichengreen. Globalizing Capital: A history of the International Monetary System.
Geoffrey Underhill. The New World Order in International Finance.