POLS586:  Seminar in International Relations:

                               International Monetary and Financial Relations

(Graduate Seminar:  Spring 2006)



Prof. Edward Kwon                                                             Northern Illinois University

Office: Zulauf 402                                                             Department of Political Science

Phone: 753-7055                                                                  Class: TUE 3:30 - 6:10 pm

E-mail: edteaching@yahoo.com                                          Class Room: DU 252                     

Office Hours: TH 11:00-12:00 pm

                       or by appointment                                       



This course is designed to broaden students’ understanding of the international political economy with a focus on monetary and financial issues. The study of international political economy is essential to understand the interplay between states and markets, power and wealth, and economics and politics in a rapidly changing world. To this end, the course introduces major contributions from IPE literature, and emphasizes the application of various theoretical frameworks to real world cases. We will begin with the review of various research perspectives of IPE, such as liberalist, realist, and radical perspectives and the brief history and development of monetary and financial regime in the post-World War II period. We will then investigate the theory and policy of international monetary and financial relations, the tradition of financial repression and the evolution of financial liberalization in both developed and developing countries, regime analysis, international capital flows, financial crises, international financial institutions, and global governance for the international financial system. In addition, we will emphasize current global monetary and financial issues and policies by reading newspaper articles or magazines.    





1) Class Participation (30%)

Four or five students will present an overview of an assigned article or book chapters based on their research concerns in each class. Student should identify several issues and discuss them in every class. During the presentation, the instructor will intervene from time to time to give some comments and lead class discussions. Students are expected to attend all classes, so absences without pre-notification to the instructor will affect the course grade adversely. Students should read the assigned readings before class meetings and prepare for class discussion. Contributions to the class discussion including prepared comments and energetic participation will be considered in your grade.


2) Two Book Reviews (20%)

Each student should choose two books which are relevant to his/her research concerns, and prepare reviews of 3-5 pages each typewritten and doubled-spaced. The book reviews should contain the following points:

  1. Information about the book (Author, book title, place, publisher, year and price)

2. Subject of inquiry (the purpose of the research, the type of methodology, and the

    scope of the research)

  3. Content of the book

  4. Conclusion of the book

  5. Your commentary


According to your assigned schedule you will present them during our class.  


3) Research Paper and Presentation (50%)

The research paper should be typewritten double-spaced with footnotes, and 25-30 pages in length. Students should use more than fifteen academic sources (academic journal articles and books). The reference list and citations of references in the text should follow The Chicago Manual of Style, 14th ed. The topic should be taken from one of the issues and on empirical case studies that we have studied and discussed in the class. The outline of the paper should be submitted before February 14, and approved by the instructor. The paper proposal should follow this guideline: 1. Paper Topic, 2. Research questions, 3. Brief summary of your argument, and 4. References.   



Reference for understanding macroeconomics and finance:


N. Gregory Mankiw, Macroeconomics, 3rd ed.

Paul Krugman and Moris Obstfeld: International Economics: Theory and Policy.

David Eiteman et al., Multinational Business Finance, 8th ed.

Anne Y. Kester, Following the Money.


General Reference for International Political Economy:


Barry Eichengreen, Globalizing Capital

Benjamin J. Cohen, ed., The International Political Economy of Monetary Relations

Robert Gilpin, Global Political Economy

Robert Gilpin, The Political Economy of International Relations

Jeffry A. Frieden and David A. Lake, International Political Economy, 4th ed.

Joan Spero and Jeffrey Hart, The Politics of International Economic Relations (latest ed.)




International Organization, World Politics, International Studies Quarterly, The Review of International Political Economy, World Development, Economic Policy, The Journal of Contemporary Asia, New Left Journal, International Affairs.



Financial Times, The Wall Street Journal, The Economist, CNN Financial News, New York Times, Far Eastern Economic Review


International Organizations:

The IMF, World Bank, Bank for International Settlement, OECD, WTO, Financial Stability Forum


Useful Websites:

Dr. Nouriel Roubini Global Macroeconomic site  Financial Policy Site



U.S. Department of Treasury



Institute for International Economics





Class Schedule and Reading Lists



Week 1-2 (Jan 17, 24): The study of International Political Economy


** Robert Gilpin, The Political Economy of International Relations (New York: Princeton University Press, 1987), Chap 1- 3.


** Robert Gilpin, Global Political Economy: Understanding the International Political Economic Order (New York: Princeton University Press, 2001), Chap. 1-7.


** Jeffry A. Frieden and Lisa Martin, “International Political Economy: Global and Domestic Interaction,” in Political Science: The State of the Discipline, edited by Ira Katznelson and Helen V. Milner (New York: W.W. Norton. 2003).

** J. Lawrence Broz and Jeffry A. Frieden, “The Political Economy of International Monetary Relations,” Annual Review of Political Science 4 (2001): 317-343.

* Susan Strange, States and Markets: An Introduction to International Political Economy (New York: Basil Blackwell, 1988), Chap. 1 and 2.


* Jeffry A. Frieden and Ronald Rogowski, “The Impact of the International Economy on National Politics: An Analytical Overview,” in Internationalization and Domestic Politics, eds. Robert Keohane and Helen V. Milner (New York: Cambridge University Press, 1996), Chap. 2.



Week 3-4 (Jan 31, Feb 7): Approaches to IPE


** C. Roe Goddard, Patrick Cronin and Krishore C. Dash, International Political Economy: State-Market Relations in a Changing Global Order, 2nd ed. (Boulder: Lynne Rienner Publishers, Inc., 2003), Chap 1-14.


- The Liberal Approach


** Fred C. Bergsten, Robert O. Keohane, and Joseph S. Nye Jr., “International Economics and International Politics: A Framework for Analysis,” International Organization 29, no.1 (1975): 3-36.


** Stephan Haggard and Beth Simmons, “Theories of International Regimes,” International Organization 41, no. 3 (1987): 491-517.


** Peter J. Katzenstein, “Domestic and International Forces and Strategies of Foreign Economic Policy,” International Organization 31, no. 4 (1977): 587-606.


**  John G. Ruggie, “International Regimes, Transaction and Change: Embedded Liberalism in the Post-War Order,” International Organization 36, no. 2 (1982): 379-415.


** Robert O. Keohane and Joseph S. Nye, Power and Interdependence, 3rd ed. (New York: Longman, 2001), Chap. 1 and 2.


* Richard N. Cooper, The Economics of Interdependence: Economic Policy in the Atlantic Community (New York: McGraw-Hill, 1968), Chap. 1, 2, and 10.



- The Realist Perspective


** Stephen D. Krasner, “State Power and the Structure of International Trade,” World Politics 28, no. 3 (April 1976): 317-347.


** David J. Sylvan, “The Newest Mercantilism,” International Organization 35, no. 2 (Spring 1981): 375-393.


** David A. Lake, “Power and the Third World: Toward a Realist Political Economy of North-South Relations,” International Studies Quarterly 31, no. 2 (June 1987): 217-234. 


** Christine M. Harlen, “A Reappraisal of Classical Economic Nationalism and Economic Liberalism,” International Studies Quarterly 43, no. 4 (Dec. 1999): 733-744.


* Klaus Knorr, The Power of Nations: The Political Economy of International Relations (New York: Basic Books, 1975).


- Neorealism and Neoliberalism Perspectives


** Robert O. Keohane, “International Institutions: Two Approaches,” International

Studies Quarterly 32, no. 4 (Dec. 1988): 379-96.


** Peter J. Katzenstein, Robert O. Keohane, and Stephen D. Krasner, “International

Organization and the Study of World Politics,” International Organization 52, no. 4 (Autumn 1998): 645-685.


** Helen V. Milner, “International Theories of Cooperation among Nations,” World

Politics 44, no. 3 (April 1992): 466-496.


** Joseph S. Nye Jr., “Neorealism and Neoliberalism,” World Politics 40, no. 2 (Jan. 1988): 235-251.


** Emerson M.S. Niou and Peter C. Ordeshook, “Realism versus Neoliberalism: A

Formulation,” American Journal of Political Science 35, no. 2 (May 1991): 481-511.


* David A. Baldwin, ed., Neoliberalism and Neorealism: The Contemporary Debate (New York: Columbia University Press, 1993).


*Robert O. Keohane, International Institutions and State Power (Boulder, CO:

Westview Press, 1989), Chap. 1.



- The Marxist and Radical Perspective


** V.I. Lenin, Imperialism: The Highest Stage of Capitalism (1916).


* Harry Magdoff, The Age of Imperialism (Monthly Review Press, 1966).


** Immanuel Wallerstein, The Modern World System I: Capitalist Agriculture and the

Origins of the European World-Economy in the Sixteenth Century (New York:

Academic Press, 1974).


* Andre Gunder Frank, “The Development of Underdevelopment,” Monthly Review

18 (Sep. 1966):17-31.


** Fernando Henrique Cardoso, “Dependency and Development in Latin America,” New Left Review 74 (July-August 1972): 83-95.


** James A. Caporaso, “Dependence and Dependency in the Global System,”

International Organization 32, no. 1 (1978):1-12.


** Robert Brenner, “The Origins of Capitalist Development: A Critique of Neo-Smithian

Marxism,” New Left Review 104 (July-August 1977): 25-92.


** Theotonio Dos Santos,” The Structure of Dependence,” The American Economic Review 60, no. 2 (May 1970): 231-236.


** Research Paper Proposal Due: Feb 14, 2006




Week 5 (Feb 14): A History of the International Monetary and Financial System


** Robert Gilpin, The Political Economy of International Relations (New York: Princeton University Press, 1987), Chap 4 & 8.


** Robert Gilpin, Global Political Economy: Understanding the International Political Economic Order (New York: Princeton University Press, 2001), Chap. 9 & 10.


** Barry Eichengreen, Globalizing Capital: A History of the International Monetary System (Princeton, NJ.: Princeton Univ. Press, 1998) Chap 4 & 5**. / Chap 2 & 3*.


** Joan E. Spero and Jeffrey A. Hart, The Politics of International Economics Relations, 6th ed. (Belmont, CA.: Wadsworth and Thomson, 2003), Chap. 2.   


** Allan H. Meltzer, “U.S. Policy in the Bretton Woods Era,” Federal Reserve Bank of St. Louis Review 73 (May/June 1991): 54-83.


** W.M. Scammell, International Monetary Policy: Bretton Woods and After (London: Macmillan, 1975).


** Joanne Gowa, Closing the Gold Window: Domestic Politics and the End of Bretton Woods (Ithaca: Cornell Univ. Press, 1983).


* Robert Fraser and Christopher Long, The World Financial System, 2nd ed. (Essex: U.K. Longman, 1992).


* Bretton Woods Commission, Bretton Woods: Looking to the Future (Washington, D.C.: Bretton Woods Commission, 1994).


* Charles P. Kindleberger, Power and Money: The Economics of International Politics and the Politics of International Economics (New York: Basic Books, 1970).


** ___________________, A Financial History of Western Europe (London: George Allen and Unwin, 1984).



Week 6 - 7 (Feb 21, 28): Monetary and Exchange Rate Policy Coordination


** Stephen D. Cohen, The Making of United States International Economic Policy: Principle, Problems, and Proposals for Reform, 5th ed. (Westport, CT: Praeger, 1990), Chap 1-8.  


** I. M. Destler and C. Randall Henning, Dollar Politics: Exchange Rate Policymaking in the United States (Washington, D.C.: Institute for International Economics, 1989), Chap 5-7.


** C. Randall Henning, Currencies and Politics in the United States, Germany and Japan (Washington, D.C.: Institute for International Economics, 1994), Chap. 2, 3, and 6.


** Jeffrey A. Frieden, “Exchange Rate Politics: Contemporary Lessons from American History,” Review of International Political Economy 1, no. 1 (Spring, 1994): 81-103.


** Jeffrey A. Frieden, “Invested Interests: The Politics of National Economic Policiew in a World of Global Finance,” International Organization 45, no. 4 (Autumn 1991): 425-421.


** David M. Andrews and Thomas D. Willett, “Financial Interdependence and the State: International Monetary Relations at Century’s End,” International Organization 51, no. 3 (Summer 1997): 479-511.


** Michael C. Webb, “International Economic Structures, Government Interests, and International Coordination of Macroeconomic Adjustment Policies,” International Organization 45, no. 3 (Summer 199): 309-342.


** William Bernhard, J. Lawrence Broz, and William Roberts Clark, “The Political Economy of Monetary Institutions,” International Organization 56, no. 4 (Autumn 2002): 693-723.


** Benjamin J. Cohen, The Geography of Money (Ithaca: Cornell Univ. Press, 1998), Chap. 3, 4, & 5.


* Yoichi Funabashi, Managing the Dollar: From the Plaza to the Louvre, 2nd ed. (Washington, D.C.: Institute for International Economics, 1989).



Week 8 (Mar 7): Financial Liberalization and Globalization   


** John B. Goodman and Louis W. Pauly, “The Obsolescence of Capital Controls? Economic Management in an Age of Global Markets,” World Politics 46, no.1 (October 1993): 50-82.


** Benjamin J. Cohen, “Phoenix Risen: The Resurrection of Global Finance,” World Politics 48, no. 2 (1996): 268-96.


** Peter Dombrowski, “Haute Finance and High Theory: Recent Scholarship on Global Financial Relations,” Mershon International Studies Review 42, no. 1 (1998): 1-28.


** Gordon L. Clark. “Money Flows Like Mercury: The Geography of Global Finance,  Geografiska Annaler Series B: Human Geography 87, no. 2 (2005): 99-112.


** Stephan Haggard and Sylvia Maxfield, “The Political Economy of Financial Internationalization in the Developing World,International Organization 50. no. 1 (Winter 1996): 35- 68.


** Philip G. Cerny, “The Deregulation and Re-regulation of Financial Markets in a More Open World,” in Finance and World Politics: Market, Regimes and States in the Post-hegemonic Era, ed. Philip G. Cerny (Brookfield, Vermont: Edward Elgar Publishing, 1993), 51-85.


** Stanley Fischer et al., Should the IMF Pursue Capital-Account Convertibility?, Essays in International Finance, No. 207, (Princeton, New Jersey: Department of Economics in Princeton University, May 1998). 


** David A. Leblang, “Domestic and Systemic Determinants of Capital Controls in the Developed and Developing World,” International Studies Quarterly 41, no. 3 (1997): 435-54.


** Carlos Diaz-Alejandro, “Good-Bye Financial Repression, Hello Financial Crash,” Journal of Development Economics 19, no. 1-2 (September-October 1985): 1-24.


** Yilmaz Akyuz, “On Financial Openness in Developing Countries,” International Monetary and Financial Issues for the 1990s II (Geneva: UNCTAD, 1993).  


** Dennis P. Quinn and Carla Inclan, “The Origins of Financial Openness: A Study of Current and Capital Account Liberalization,” American Journal of Political Science 41, no. 3 (July 1997): 771-813.


* Stephan Haggard, Chung H. Lee, eds., Financial Systems and Economic Policy in Developing Countries (Ithaca: Cornell Univ. Press, 1995).


* Stephan Haggard, Chung H. Lee, and Sylvia Maxfield, eds., The Politics of Finance in Developing Countries (Ithaca: Cornell Univ. Press, 1993).



* Spring Break: Mach 11 – 19



Week 9 (Mar 21): No class – ISA Conference    



Week 10 (Mar 28): International Capital Flows and Mobility


** The World Bank, Private Capital Flows to Developing Countries: The Road to Financial Integration (New York: Oxford Univ. Press, 1997), 1- 73. 


** Guillermo A. Calvo, Leonardo Leiderman, and Carmen M. Reinhart, “Inflows of Capital to Developing Countries in the 1990s,” Journal of Economic Perspectives 10, no. 2 (Spring 1996): 123-139.


** Martin Feldstein, ed., International Capital Flows (Chicago: NBER, 1999), Chap 1: Capital Flows to Latin America & 3: Capital Flows to East Asia.


** Miles Kahler, ed., Capital Flows and Financial Crises (Ithaca, New York: Cornell University Press, 1998), Chap 1-6.


** Yilmaz Akyuz and Andrew Cornford, “Capital Flows to Developing Countries and the Reform of the International Financial System,” UNCTAD Discussion Paper 143 (November 1999).


** David M. Andrews, “Capital Mobility and State Autonomy: Toward a Structural Theory of International Monetary Relations,” International Studies Quarterly 38, no.2 (Jun. 1994): 193-218.


* Philippe Bacchetta and Eric van Wincoop, “Capital Flows to Emerging Markets: Liberalization, Overshooting, and Volatility,” NBER Working Paper 6530 (April 1998).


* Stephany Griffith-Jones, Ricardo Gottschalk, and Jacques Cailloux, eds., International Capital Flows in Calm and Turbulent Times, eds. (Ann Arbor, Michigan: The University of Michigan Press, 2003).


* Stephany Griffith-Jones, Manuel F. Montes, and Anwar Nasution, eds., Short-term Capital Flows and Economic Crises, eds. (New York: Oxford University Press, 2001).


* Andrew C. Sobel, State Institutions, Private Incentives, Global Capital (Ann Arbor, Michigan: The University of Michigan Press, 1999).



Week 11 -12 (April 4, 11): Financial Crises in Developing World


** Graciela L. Kaminsky and Carmen M. Reinhart, “The Twin Crises: The Causes of Banking and Balance-of-Payments Problems,” The American Economic Review 89, no. 3 (June 1999): 473-500.


** Ricardo Ffrench-Davis, ed., Financial crises in “Successful” Emerging Economies (Washington, D.C.: Brookings Institution Press, 2001), Chap 1 -4.  


** Shale Horowitz and Uk Heo, eds., The Political Economy of International Financial Crisis: Interest Groups, Ideologies, and Institutions (New York: Rowman & Littlefield, 2001).


- Mexican Financial Crisis


** Jeffrey D. Sachs, Aaron Tornell, and Andrés Velasco, “The Collapse of the Mexican Peso: What Have We Learned?” Economic Policy 11, no. 22 (1996): 13-63.


** Jeffrey D. Sachs, Aaron Tornell, and Andrés Velasco, “The Mexican Peso Crisis: Sudden Death or Crisis Foretold?,” Journal of International Economics 41, no. 3-4 (1996): 265-283.


** Aldo Flores Quiroga, “Mexico: Crises and the Domestic Politics of Sustained Liberalization,” in The Political Economy of International Financial Crisis: Interest Groups, Ideologies, and Institutions, edited by Shale Horowitz and Uk Heo (New York: Rowman & Littlefield, 2001), 179-198.

** Andrés Velasco and Pablo Cabezas, “Alternative Responses to Capital Flows: A Tale of two Countries,” in Capital Flows and Financial Crises, edited by Miles Kahler (Ithaca, N.Y.: Cornell University Press, 1998), 128-157.



- Asian Financial Crisis


** Jagdish Bhagwati, “The Capital Myth: The Difference between Trade in Widgets and Dollars.” Foreign Affairs 77, no. 3 (May/June 1998): 7-12.


** Robert Wade, “East Asian’s Economic Success: Conflicting Perspectives, Partial Insights, Shaky Evidence,” World politics 44, no. 2 (January 1992).


** Paul Krugman, “The Myth of Asia’s Miracle,” Foreign Affairs 73, no. 6 (November/ December 1994): 62-78.


** Roberto Chang and Andrés Velasco, “The Asian liquidity Crisis,” NBER Working Paper, no. 6796 (1998).


** Andrew MacIntyre, “Institutions and Investors: The Politics of the Economic Crisis in Southeast Asia,” International Organization 55, no. 1 (Winter 2001): 81-122.


** Steven Radelet and Jeffrey D. Sachs, “The Onset of the East Asian Financial Crisis,” NBER Working Paper, no. 131 (August 1998).


** Steven Radelet and Jeffrey D. Sachs, “The East Asian Financial Crisis: Diagnosis, Remedies, Prospects,” Consulting Assistance on Economic Reform II Discussion Paper No. 29,


* Morris Goldstein, The Asian Financial Crisis: Causes, Cures, and Systemic Implications (Washington D.C.: Institute for International Economics, 1998).


* Stephan Haggard, The Political Economy of the Asian Financial Crisis (Washington D.C.: Institute for International Economics, 2000), Chap 1- 3.


* Chung H. Lee, ed., Financial Liberalization and the Economic Crisis in Asia (London: RoutledgeCurzon, 2003).


* T. J. Pempel, ed., The Politics of the Asian Economic Crisis (Ithaca: Cornell Univ. Press, 1999).



** Research Paper Due: April 18, 2006




Week 13 (April 18): Reforming International Financial Organization 


** Charles Lipson, “The International Organization of Third World Debt,” International Organization 35, no. 4 (Autumn 1981): 603-31.


** Graham Bird, “The International Monetary Fund and Developing Countries: A Review of the Evidence and Policy Options,” International Organization 50, no. 3 (Summer 1996): 477-511.


** Martin Feldstein, “Refocusing the IMF,” Foreign Affairs 77, no.1 (March/April 1998): 20-33.


** David D. Hale, “The IMF, Now More than Ever: The Case for Financial Peacekeeping,” Foreign Affairs 77, no.6 (Nov/Dec. 1998): 7-13.


** Davesh Kapur, “The IMF: A Cure or a Curse?,” Foreign Policy 111 (Summer 1998): 114-129.


** Strom C. Thacker, “The High Politics of IMF Lending,” World Politics 52, no. 1 (1999): 38-75.


** William Ascher, “New Development Approaches and the Adaptability of International Agencies: The Case of the World Bank,” International Organization 37, no. 3 (Summer 1983): 415-439.


** Richard E. Feinberg, “The Changing Relationship Between the World Bank and the International Monetary Fund,” International Organization 42, no.3 (Summer 1988):545-560.


** Allan H. Meltzer, “Asian Problems, the IMF, and the World Economy,” Testimony Prepared for Joint Economic Committee (February 24, 1998).


** Robert H. Wade, “U.S. Hegemony and the World Bank: The Fight Over People and Ideas,” Review of International Political Economy 9 (2003): 215-43.


** Charles W. Calomiris, “When Will Economics Guide IMF and World Bank Reforms?,” Cato Journal 20, no. 1 (Spring/Summer 2000): 85-103.


** Ngaire Woods, “Making the IMF and the World Bank More Accountable,” International Affairs 77, no. 1 (2001): 83-100.


** William Bernhard, J. Lawrence Broz, and William Roberts Clark, “The Political Economy of Monetary Institutions,” International Organization 56, no. 4 (Autumn 2002): 693-723.


** Joseph E. Stiglitz, Globalization and its Discontents (New York: W.W. Norton, 2002).


* IMF, Financial Organization and Operations of the IMF (Washington, D.C.: IMF, 2001).


* Manuel Guitian, “Conditionality: Past, Present, Future,” IMF Staff Papers 42 (December 1995).


* Michelle Miller-Adams, The World Bank: New Agendas in a Changing World (London: Routledge, 1999).


* Christopher L. Gilbert and David Vines, eds., The World Bank: Structure and Policies (Cambridge: Cambridge Univ. Press, 2000).


* Robert L. Ayres, Banking on the Poor: The World Bank and World Poverty (Cambridge: The MIT Press, 1983).


* Catherine Gwin, U.S. Relations with the World Bank, 1945-92 (Washington, D.C.: The Brookings Institution, 1995).


* Devesh Dapur, John P. Lewis, and Richard Webb, The World Bank: Its First Half Century (Washington, D.C.: The Brookings Institution, 1997).



Week 14 (April 25): Global Governance in International Monetary and Finance


** Geoffrey R.D. Underhill and Xiaoke Zhang, eds., International Financial Governance Under Stress: Global Structure versus National Imperatives (Cambridge: Cambridge Univ. Press, 2003), Chap 15-17.


** Peter B. Kenen, The International Financial Architecture: What’s New? What’s Missing? (Washington, DC.: Institute for International Economics, 2001), Chap 4-5.


** Barry Eichengreen, Toward A New International Financial Architecture: A Practical Post-Asia Agenda (Washington, D.C.: Institute for International Economics, 1999).


** Susanne Soederberg, “On the Contradictions of the New International Financial Architecture: Another Procrustean Bed for Emerging Markets?,” Third World Quarterly 23, no. 4 (2002): 607-620.


** Benjamin J. Cohen, “Are Monetary Unions Inevitable?,” International Studies Perspectives 4, no. 3 (August 2003): 275-292.


** Benjamin J. Cohen, “U.S. Policy on Dollarisation: A Political Analysis,” Geopolitics 7, no. 1 (Summer 2002): 63-84. 


** James Tobin, “A Proposal for International Monetary Reform,” Eastern Economic Journal 4, no. 4 (3-4) (July/October, 1978): 153-159. 


** New Rules for Global Finance Coalition, ed., Debating The Tobin Tax (Washington, DC: Automated Graphic Systems, INC, 2003). 


** Jeffrey Frankel, “Proposals Regarding Restrictions on Capital Flows,” The African Finance Journal 1, part.1 (1999).


** Robert A. Blecker, Taming Global Finance: A Better Architecture for Growth and Equity (Washington, DC: Economic Policy Institute, 1999).


* Michele Fratianni, Paolo Savona, and John J. Kirton, eds., Governing Global Finance: New Challenges, G7 and IMF Contributions (Burlington: Ashgate, 2002).


* Karl Kaiser, John J. Kirton, and Joseph P. Daniels, eds., Shaping a New International Financial System: Challenges of Governance in a Globalizing World (Burlington: Ashgate, 2002).



Week 15-16 (May 2, 9): Student Paper Presentation and Discussion



Thank You!