VFT247

Politicial Economy of Asia and America I

Introduction to political economy – key concepts and theories. Origins of global economic institutions – Bretton Woods, IMF, World Bank. Bretton Woods system – structure, role, and collapse. IMF – objectives, functions, and crisis interventions. World Bank – development goals and structural adjustment programs. WTO – global trade governance and dispute resolution. Impact of IMF and World Bank on Asia-America trade. Reforming international financial institutions – transparency and representation.