Globalization

Training code AYC0418/3

Registration deadline

Credits 52 academic hours (contact study 25 hours, independent study 27 hours)

Price 55 EUR The course is facilitated with support from the Ministry of Education and Science. We will issue an invoice after 26.01.26

Training Manager

Globalization and the International Political Economy / Globaliseerumine ja rahvusvaheline poliitökonoomika

School of Governance Law and Society

Training and Conference Center

Do you want to understand how money works in our world? Why are some countries rich and some struggle to develop? How did the international financial system emerge and who rules it? In this course, we will study the intersection between politics and the economy to understand how our globalized world economy came to be and who shaped it. We will explore who supports the current order and who challenges it, as well as gain the tools to have an informed discussion about the future of our world.

- 11:00 - 15:15

Tallinna Ülikool, Narva mnt 29

Register for the course here:

Motivation letter - Globalization and the International Political Economy / Globaliseerumine ja rahvusvaheline poliitökonoomika

In your motivation letter, please describe why you would like to take part in the Student Academy "Globalization and the International Political Economy" course
Thank you for applying! We will inform everyone about the results of your application personally by email no later than 28.01.2026.

Globalization and the International Political Economy / Globaliseerumine ja rahvusvaheline poliitökonoomika

Please describe why this training interests you and why it is important for you? What is your previous knowledge and experience in this field (related school subjects, projects, hobbies or other experiences)? What do you want to learn and develop from the training and how does it support your future plans?

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Training code AYC0418/3

Registration deadline

Credits 52 academic hours (contact study 25 hours, independent study 27 hours)

Price 55 EUR The course is facilitated with support from the Ministry of Education and Science. We will issue an invoice after 26.01.26

Training Manager

Target group: High school students and vocational school students, young people taking a gap year. 
English at least level B2.

NB! When registering for the course, please also fill out the motivation letter block, which is located on the right side of this page under the button "Fill out a motivation letter"

Course schedule:

TIME   TOPIC LECTURER ROOM
21.02.2026 11:00-15:15 Introduction: Globalization and its Discontents. Overview of the course structure and assignments; introduction to key concepts in globalization studies and overview of the main issues in contemporary globalization research; introduction to International Political Economy: What is IPE? How do we use it to study globalization? Victor Jimenez Rivera M133
14.03.2026 11:00-15:15 Theories in International Political Economy. IPE as a discipline in social science and international relations, overview of the main IPE theories: liberalism, mercantilism, marxism, dependency theory; theories of development, stability, and interdependence. Victor Jimenez Rivera M133
28.03.2026 11:00-15:15 The History of Global Capitalism: How Did We Get Here? Historical overview of the development of the globalized capitalist economy, tracing the development of early capitalism; European colonial expansion; forceful integration of the global South into the liberal world order; drain and unequal relations in the postcolonial setting. Victor Jimenez Rivera M133
11.04.2026 11:00-15:15 Bretton Woods and the Modern World Economy. Overview of the modern financial system, Bretton Woods institutions and their governance system, the USD and its exorbitant privilege, OPEC and the petrodollar; historical overview of the development of modern institutions throughout the Cold War; overview of present-day advocacy and criticism for the US-led unipolar world system. Victor Jimenez Rivera M133
02.05.2026 11:00-15:15 BRICS, De-Dollarization and Alternative Governance Structures, Climate Change. Overview of the main alternatives to the US-led Bretton Woods system: BRICS and the push for de-dollarization; alternatives in global finance (BRI, AIIB, NDB); the Russo-Ukrainian War and its implications for global finance (speeding up the development of alternatives, rise of de-dollarization); the challenges presented by climate change. Victor Jimenez Rivera M133

Course coordinator: Kaia Ljaš, kaia.ljash@tlu.ee, 6409369

Course lecturer: 

 

Course participants have thought about this course:

  • Great lecturer — clear, helpful, and engaging. Attentive, involved and interested in the subject and in sharing his experience and knowledge with the students.
  • Interesting presentations, tasks.
  • I liked the practical approach and clear explanations. The course was well-structured and easy to follow.
  • I’ve deepen knowledge of the subject I am really interested in.
  • The biggest benefit was gaining practical skills that will help me develop in the field that interests me.

Learning outcomes, the course graduate

  • understands the main trends in globalization literature and the development of the modern world economy;
  • is familiar with the main theories in International Political Economy and how they are applied to globalization studies;
  • is aware of current international financial governance structures and the development of alternatives to their dominant position;
  • is prepared for future studies in governance and political science, is able to participate in discussions about international politics and finance.