Transforming the Global Political Economy
Summary
How should the global economy change in response to climate change, inequality, and shifting power relations? In this course, we explore major transformations in the global political economy. At the end of the course, you will design your own proposal for transforming the world economy.
About
The global political economy is transforming. Global institutions such as the IMF, the IPCC, and many others agree that it is unsustainable and unjust in its present form. At the same time, several major countries are challenging the global institutional order and embarking on trajectories that are detrimental to sustainability and justice. Beneath these contradictory global processes, several alternative projects – such as green growth, degrowth, and the Green New Deal – are being developed and promoted.
In this course, we first introduce key concepts and theories from academic Global Political Economy (GPE). We then use these perspectives to analyze current transformative economic and political projects and discuss their strengths and weaknesses. The course concludes with each student designing their own proposal for a global economic–political transformation.
Teaching
In first half of the course, lectures and seminars aim to equip you with analytical tools. In the second half of the course, we organize seminars analyzing transformative projects, while writing on individual suggestions for global economic transformation.
Prerequisites and selection
Entry requirements
Entry to the course requires 20 credits of completed second cycle courses in the field of global studies, social sciences or equivalent.
Selection
Selection is based upon the number of credits from previous university studies, maximum 165 credits.
After graduation
After completion of the course, you will have enhanced your understanding of agents, dynamics and structures in the global political economy, a knowledge useful and relevant for both local and international careers. You will also have sharpened your analytical skills for macro- and microlevel economics.