Global Banking and Finance

Due to expanding global trade and technological developments, as well as other political and historical factors, money moves across the world more easily, rapidly, safely, cheaply, and in greater volume than ever before. What is the significance of this global flow of capital? What institutional structures are in place to facilitate this process and what are their ultimate goals?

Global finance and banking touches every aspect of life on this planet.  How does this rapid flow of money and financial resources impact the political, economic, environmental, and democratic institutions that govern states and multi-lateral organizations? Who wins and who loses from this easy flow of finance?

This module addresses the significance of financial markets and international investments in the process of global financial integration as well as the role of national central banks, multinational corporations (MNCs) and multilateral organizations, such as the World Bank and the International Monetary Fund (IMF), in financial globalization.  

  1. Explain basic concepts of global banking and finance.
  2. Articulate the fundamentals of international investment, exchange rates, and international banking.
  3. Compare and contrast the current issues in global banking and finance from different perspectives.
  4. Critically analyze the role of multilateral financial institutions in globalization