Global Economic Governance

Explore the major issues surrounding global economic governance, including both the issues that are subject to current debates (or have been in the past) as well as the institutional questions involved.



Weekly Effort

5 hours



USD $149.00

Course Description

  • Develop an understanding of the critical aspects encompassing global economic governance, delving into both contemporary and historical debates.
  • Acquire the skills to analyze the intricacies of governance structures, investigating a wide range of subjects linked to international cooperation.
  • Explore two distinct cases showcasing the dynamic interplay between regional and global governance, enhancing insights into international cooperation mechanisms.
  • Critically assess reform proposals within the context of evolving global economic scenarios, with a special focus on the period between 2008 and 2015.

Course Prerequisites

There are no prerequisites for this course.

What You Will Learn

By the end of this course, learners will be able to:


  • Demonstrate comprehension of the transformative shifts and challenges that have shaped the recent global economic scenario.

  • Gain insights into the goals driving international cooperation, fostering an understanding of collaborative efforts in the global economic context.

  • Delve into various facets of economic inequality concepts, allowing for a nuanced appreciation of its diverse dimensions.

  • Acquire proficiency in navigating the intricate fabric of formal global economic governance, including the United Nations (UN) system and the Climate Change discourse. 

  • Explore the rise of non-state actors like the G-7 and G-20 and develop a strong grasp of Europe's regional economic governance, encompassing elements such as economic crises, bilateral agreements, and regional trade accords.


Course Outline


Module 1: Major changes in the global economy

Module 2: The objectives of international cooperation and the rise of global governance arrangements

Module 3: The theory of global public goods

Module 4: Income distribution aspects of global policies

Module 5: The UN system

Module 6: Climate change: Toward Paris 2015

Module 7: Elite governance

Module 8: The development architecture - The MDG/SDGs and multilateral development banks

Module 9: The International Monetary and financial system

Module 10: The trade regime

Module 11: The crisis and beyond

Module 12: Finance and trade


Photo of Jose Ocampo
Jose Ocampo
Director of the Economic and Political Development Concentration in the School of International and Public Affairs

José Antonio Ocampo is an accomplished scholar and leader in economic and political development. He is currently the Director of the Economic and Political Development Concentration at Columbia University, where he also serves as a member of the Committee on Global Thought and Co-President of the Initiative for Policy Dialogue. Ocampo is additionally the Chair of the Committee for Development Policy, an expert committee of the United Nations Economic and Social Council. Ocampo has held numerous positions in the United Nations and the Government of Colombia, including serving as United Nations Under-Secretary General for Economic and Social Affairs and Minister of Finance and Public Credit. He has also published extensively on macroeconomic theory and policy, international financial issues, economic and social development, international trade, and Colombian and Latin American economic history. Ocampo has received numerous personal honors and distinctions, including the Leontief Prize for Advancing the Frontiers of Economic Thought and the “Alejandro Angel Escobar” National Science Award of Colombia.

Please note that there are no instructors or course assistants actively monitoring this course.