International relations

Finance and Power

Module code: L2069AID
Level 6
30 credits in autumn semester
Teaching method: Seminar
Assessment modes: Not yet finalised

Dr Sam Knafo This module considers the globalisation of finance and the structure of the power relations that drive it. You will examine the ways in which global finance is constructed on the basis of power struggles, and how financialisation empowers certain actors over others. The module begins by examining various forms of financial systems and their social ramifications. You will then examine how the process of globalisation affects the evolution of these financial systems and the social struggles over the direction of change. The module addresses the impacts of financialisation on the project of development, the convergence of various economic systems, and the formulation of progressive politics. Finally you will consider the regulation of finance and the various challenges it raises for political authorities and social forces. The assessment for this module is a piece of coursework (weighted 10%) and a long term paper of 6000 words (weighted 90%). The teaching method is a 3 hour seminar each week.