This course surveys the important and contemporary issues and institutions of international trade and finance, and discusses the effects of economic / financial globalization from the International Political Economy (IPE) standpoint without going into the details of economic theories. It illustrates how international trade and financial matters are political as well as economic and financial in their nature, and how trade and finance policies as outcomes of political competition create winners and losers. The range of topics covered include WTO and the world trade system, trade politics and trade blocks, trade and development, politics of multinational corporations, the international monetary system and IMF, effects of foreign exchange rate policies on trade and finance, as well as financial crises. The class also teaches IPE analytical tools and theoretical explanations that help to analyze and explain international trade and economic relations.

Skill Level: Beginner