Finance and Trade I & II

I.                    Institutional Features of ‘global’ processes

a.      Finance and trade

II.                 Finance

a.      After WWII – how to organize the world.

                                                               i.      Bretton Woods

1.      Gold Standard

2.      IMF and International Bank of Reconstruction and Development (IBRD), or ‘World Bank’

b.      Early 1970s: crisis and change

                                                               i.      Unravelling Bretton Woods

                                                             ii.      Deregulating Financial Markets

c.      Currency Crises

                                                               i.      States’ vulnerability to financial trade

                                                             ii.      Political opportunity

1.      SAPs

d.      Globalization and finance

                                                               i.      Chicken and egg scenario

                                                             ii.      Changing public policy

III.               Trade

a.      GATT and its ‘provisional’ nature

                                                               i.      Trade rounds and national flexibility

b.      The new neoliberal context: two explanations

                                                               i.      Relative decline and necessity

                                                             ii.      Political clawback and redistribution

c.      Trade dynamics

                                                               i.      Unilateralism

                                                             ii.      Bilateralism

                                                            iii.      Regionalism

d.      Global Trade

                                                               i.      A new constitutional framework?

                                                             ii.      The WTO and its pillars

1.      GATT

2.      GATS

3.      TRIPs

                                                            iii.      Back to constitutionalism

1.      The WTO and power

2.      A new judiciary?

                                                           iv.      The WTO and our political lives