F1IP 5100 - Economic Policies in Times of Crisis

The course is situated at the intersection of multiple disciplines and aims to explore the global economic crises of the past decade, including the Great Financial Crisis, the sovereign debt crisis, the Covid-19 pandemic, and the 2023 banking crisis. We will examine the policy responses to these crises, with a focus on how governments and markets interact. The course will analyze these responses in a comparative context, considering national, regional, and international levels to identify similarities and differences. Specific attention will be paid to monetary, fiscal, and regulatory policies, as well as supranational efforts for coordination, particularly within the European Union and the G20.
TThe course will be led by a practitioner who has experienced these crises in key roles within international organizations, national government, and international finance. This perspective will provide insider insights into decision-making processes, the reconciliation of interests, and the execution or neglect of international coordination. The practitioner's experience will shape the course's methodology and teaching style. Students will be assigned readings and are strongly encouraged to engage in interactive discussions.

Fabrizio PAGANI

Cours magistral seul

English

Students will be assigned readings and will be asked to follow relevant news for the class, in order to be able to link class contents with the latest developments in the world.

None

Spring 2023-2024

• Participation (33%): during the whole semester students are required to engage actively in the course by asking questions, presenting relevant cases in the news (“Economic Policy in the news”), and discussing during the debates that will be organized.
• Mid-term (33%): In-Class Presentations: students will work in group and will chose from a list of presentation topics. They will be asked to identify the key trade-offs and issues in the chosen topic and present in front of the class in a clear and concise manner.
• Final exam (33%): Role playing: students will be provided with a role playing scenario to best simulate real-life situations.

The course will be shaped by the practitioner's perspective, which will significantly influence both the teaching methodology and style. Students will receive reading assignments, and active participation through interactive discussions will be highly encouraged. Additionally, the course will remain relevant and dynamic by incorporating current events, such as central bank meetings, market developments, and significant decisions by governments or international organizations, which we will analyze and discuss.