POLI 445 Lecture 1: POLI 445 LEC 1
12 Nov 2015
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Document Summary
To understand political factors shaping int"l monetary policy: key policies, balance of payments adjustment, managing exchange rates, choice of reserves backing a currency, degree of int"l financial integration. And the political sources of int"l monetary system outcomes: int"l regimes, system-level institutions, functioning of int"l financial markets, role of key currencies, the int"l monetary system"s impact on the int"l economy. International financial systems are only useful if they are stable: stable, open int"l financial systems provide flows of int"l investments, means for making payments, etc. o. Policy responses to these challenges vary over time and across cases: we will emphasize the political explanations for this variation via rival theories from ir, including analytical liberalism (the currently dominant framework in ipe), realism, constructivism.
