Document Type

Undergraduate Syllabus


Spring 2017



Course Number

DIPL 4556

Course Description

Money and finance are the pivots around which the world economy and international relations twist and turn. This course offers an introduction to financial relations among nations. Financial relations are about decisions of states concerning their actions and inactions toward other states. The course aims to help students understand.l ) international finance as an issue-area central to world politics; and 2) how states compete and cooperate politically to organize and maintain institutions and processes that regulate cross-border financial transactions. A central theme is that the effects of finance are both economic and political in relations among states and within states. We will survey international financial developments and processes vis-a-vis relations among nations and examine the pre-1914 international financial system, the creation of the Bretton Woods order, the re-globalization of finance since the 1970s, the causes and political responses to the 2008 global financial crisis, and the financial interdependence of today's world.