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2015/2016  BA-BBLCV1013U  Global Economic Governance

English Title
Global Economic Governance

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Bachelor
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Min. participants 40
Max. participants 70
Study board
Study Board for BSc og MSc in Business, Language and Culture, BSc
Course coordinator
  • Leonard Seabrooke - Department of Business and Politics (DBP)
Main academic disciplines
  • Globalization and international business
  • Organization
  • Political leadership and public management
Last updated on 07-04-2015
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors: At the end of the course students should be able to

• To describe and compare relevant theories of governance and international political economy
• To apply the theories to empirical issues of global governance such as trade, finance, monetary arrangements and economic development and transition
• To account for the institutional structure, purpose, and functions of the studied international organizations and agencies
• To draw out and critically discuss relevant policy implications
Course prerequisites
No special requirements. The course is an introduction to international organizations. Theory, methodology and case studies are slowly introduced and no prior knowledge is required
Global Economic Governance:
Exam ECTS 7,5
Examination form Home assignment - written product
Individual or group exam Individual
Size of written product Max. 10 pages
Assignment type Written assignment
Duration 48 hours to prepare
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Winter and Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

The course concludes with an 5 pages essay written on an individual basis. The essay is based on questions that relate to the course literature and must be submitted at the end of a 48-hour intensive work period.

Course content and structure

This course examines methods by which international economic organizations seek to influence the world economy by reforming how states interact with markets. Using an approach grounded in institutional analysis and political economy, the course gives participants a thorough understanding of the institutional structure, purpose, and functions of the International Monetary Fund (IMF), the World Bank, the United National Development Programme (UNDP), the Organisation for Economic Cooperation and Development (OECD), the World Trade Organisation (WTO), the Bank for International Settlements (BIS), and private Credit Rating Agencies (CRAs).

Particular attention is given to the institutional processes by which these organizations seek to reform economic sectors within an economy, and on the political and social consequences of economic transformation. We explore themes of industrial policy, finance, and private sector development assistance in developing countries before turning to case study examples from international economic organizations. We examine case study examples from a variety of IOs for this purpose. We also consider interaction between international economic organizations and advanced industrialized states. The course helps students to develop their knowledge of how international economic organizations work in theory and practice to transform global economic governance.

Teaching methods
Lectures and class room discussion
Further Information

Changes in course schedule may occur.
Tuesday 11.40-14.15, week 37-41, 43-44.

Expected literature

To be announced at Learn, but most likely:
Robert O’Brien and Marc Williams (2004) Global Political Economy: Evolution and Dynamics, London: Palgrave Macmillan.

John Ravenhill (2004) Global Political Economy, Oxford: Oxford University Press.

Richard Stubbs and Geoffrey R. Underhill (2000) Political Economy and the Changing Global Order, 2nd edition, London: Macmillan.

Robert Gilpin (2001) Global Political Economy, Princeton: Princeton University Press.

Susan Strange (1994) States and Markets, second edition, London: Pinter Press.

Last updated on 07-04-2015