Power dynamics permeate the global economy, and institutions such as governments, corporations, and international bodies interact with each other in complex and often opaque ways. This course explores the structures, incentives and rules of engagement that shape economic and political outcomes affecting us all. Drawing from multiple disciplines in the social sciences, we will focus on the role of governance mechanisms to prevent abuse of power that can harm markets and people. Topics include corporate legal rights and duties, internal and external enforcement mechanisms, political narratives, and the media. We will discuss specific cases from major economies around the world. Visitors with extensive experience will enrich class discussions.
3 units · GSB Letter Graded
Power dynamics permeate the global economy, and institutions such as governments, corporations, and international bodies interact with each other in complex and often opaque ways. This course explores the structures, incentives and rules of engagement that shape economic and political outcomes affecting us all. Drawing from multiple disciplines in the social sciences, we will focus on the role of governance mechanisms to prevent abuse of power that can harm markets and people. Topics include corporate legal rights and duties, internal and external enforcement mechanisms, political narratives, and the media. We will discuss specific cases from major economies around the world. Visitors with extensive experience will enrich class discussions.
Offered in Winter 2026 at Stanford University.