Contemporary Issues in the Global Political Economy (M1529ADUD)

30 credits, Level 6

Autumn teaching

The central theme running through this module is how the architecture of existing capitalism has to be adjusted or brought into balance with the needs of expanding markets. We begin by looking at attempts by global governance institutions like the WTO (World Trade Organisation) to create a largely deregulated world market. We then examine how financial systems are expanding and how the stock market has become a key institution of modern capitalism. We discuss then the changing nature of multinational corporations and the state as they reorient themselves towards a global market. We examine empirically the post-Cold War expansion of capitalism into Eastern Europe, Central Asia and the Middle East. Finally, we analyse the most recent developments in world affairs from a political economy perspective, looking at the increasing military bias of foreign policy of major capitalist states, as well as at the changing nature of anti-capitalist protest in the wake of 9/11.

Teaching

100%: Seminar

Contact hours and workload

This module is approximately 300 hours of work. This breaks down into about 36 hours of contact time and about 264 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.

This module is running in the academic year 2021/22. We also plan to offer it in future academic years. However, we are constantly looking to improve and enhance our courses. There may be changes to modules in response to student demand or feedback, changes to staff expertise or updates to our curriculum. We may also need to make changes in response to COVID-19. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.

Courses

This module is offered on the following courses: