IER 405 – International Monetary System

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IER 405 – International Monetary System; Weekly hours: 2+0, ECTS: 4
The course aims to emphasize the importance of the international monetary system for understanding the international economy. Analytical training in critical use of knowledge about the International Monetary System, as well as the possibility for students to develop a critical understanding of the current debate on the policies of international monetary institutions, the dynamics of currency and financial crises, exchange and capital management, international monetary and financial architecture And other global financial issues. The topics covered are: Analysis of the international monetary system; The golden standard, the interwar instability, the new gold standard, the collapse of the gold standard, the Bretton Woods system, after the Bretton Woods era, and the possibility of creating a new international monetary system.