Course Contemporary Global Economy: Macroeconomic Policy Shifts and Globalization Challenges

In a world marked by accelerating change, traditional economic powers are undergoing a profound transformation. The “Contemporary Global Economy: Macroeconomic Policy Shifts and Globalization Challenges” training program, offered by the Geneva Institute of Business Management, provides participants with an in-depth analytical perspective on global economic trends, transformations in fiscal and monetary policy, and the rising challenges of globalization facing decision-makers. This course is designed to equip participants with a comprehensive understanding of shifting global economic balances and their implications for national economic strategies.

Target Group

• Senior executives and economic policymakers in ministries and governmental institutions

• Financial managers and strategists in large corporations and institutions

• Researchers and academics in economics, political science, and international development

• Professionals working in central banks, financial institutions, and international organizations

• Policy officers and analysts in global markets within both public and private sectors

• Investors and financial analysts tracking global economic trends

• Economic and trade consultants in strategic planning and advisory offices

• International cooperation and economic development officers in regional and global organizations

Objectives

• Analyze global economic developments over the past two decades and their impact on national policies

• Understand shifts in international economic balances and their effects on trade and investment flows

• Explore fiscal and monetary policy tools and their adaptation to global economic demands

• Identify the challenges globalization presents for both emerging and developed economies

• Assess the effects of geopolitical and environmental changes on global market stability

• Recognize future trends in global growth, labor markets, and financial technology

• Enhance the ability to interpret international economic indicators with precision

• Develop a strategic mindset for navigating economic risks in a volatile global environment

Course Outline

• Overview of the Contemporary Global Economy

  • Shifting balances of global economic power

  • Slowing growth in advanced economies and the rise of emerging markets

  • The impact of global crises on economic stability

  • Changes in global consumption and production patterns

• Globalization and the Reshaping of the International Economic Order

  • Global trade dynamics and geo-economic transitions

  • The role of economic blocs in shaping trade policy

  • Protectionism and its effects on developing markets

  • The rise of economic nationalism and the decline of multilateralism

• Fiscal Policy and Public Finance Management Challenges

  • Stimulus policies and their impact on economic stability

  • Managing public debt amidst global market volatility

  • Balancing public expenditure between growth and sustainability

  • Tax reform strategies in a globalized economy

• Monetary Policies in a Changing Global Context

  • Central bank tools: conventional and unconventional

  • Inflation control challenges amid external shocks

  • The interest rate-investment relationship in global markets

  • The impact of U.S. monetary policy on the global economy

• Transformations in International Trade and Economic Agreements

  • Protectionist measures and their influence on global trade

  • The future of the WTO and its role in dispute resolution

  • Regional partnership agreements and their global impact

  • E-commerce and international regulatory challenges

• Foreign Investment and Cross-Border Finance

  • Dynamics of foreign direct investment (FDI) attraction

  • Risk assessment in global financing environments

  • Portfolio flows and volatility in emerging markets

  • The role of international financial institutions in policy support

• Geopolitical Influences on the Global Economic System

  • Trade wars and economic sanctions as instruments of influence

  • Economic security and mutual interdependence among nations

  • International conflicts and their impact on market stability

  • Strategic competition among global powers and its economic effects

• Sustainable Development and the Shift Toward a Green Economy

  • The role of environmental policies in reshaping global economies

  • Green transition challenges for emerging economies

  • Circular economy models and resource re-utilization

  • Global mechanisms for financing renewable energy projects

• Technological Innovation and the Digital Economy

  • Artificial intelligence and its effects on productivity and labor markets

  • Digital currencies and the challenges they pose to monetary policy

  • Digital transformation and restructuring of economic sectors

  • Privacy and governance issues in the global digital ecosystem

• Future Outlook of the Global Economy

  • Scenarios of shifts in global economic power centers

  • The role of multilateral institutions in regulating the global economy

  • Structural challenges to sustainable growth

  • Interpreting future directions in global macroeconomic policymaking