Following the international financial crisis of 2007-2008, global businesses and government leaders have taken profound measures to change the structure of financial markets, ensuring that such a crisis does not happen again.
This course introduces learners to the complexities of global financial governance, exploring key theories of regulation and their pros and cons, and examining governance structures, mechanisms, and broad-ranging risks.
You will learn about the liberalisation of international financial markets, the development of international regulations in response to crises, and how recent watershed events have shaped the current global economic environment.
The Certificate will equip you with an understanding of key financial regulation institutions, including the International Monetary Fund and the World Bank, as well as important historical events, such as the Bretton Woods Conference of 1944 and the Herstatt Bank failure of 1974.
You will explore the benefits and challenges of liberalisation in relation to savings and investments, market forces on government action, and the creation of derivative instruments aimed at managing risk, as well as other relevant topics.