This is a graduate course in international political economy suitable for graduate students in the Woodrow Wilson School. What is the impact of the major international economic institutions on the developing countries? What should the role of these institutions vis-à- vis the developing world be? Changing economic and political conditions around the world make understanding relations between the advanced industrial countries and the developing ones imperative. Globalization has added great complexity to the myriad issues surrounding North-South relations. The course examines the nature of existing economic and political linkages, including trade, foreign aid, debt, investment, and the promotion of democracy and economic liberalization. Attention is focused on the role of multilateral institutions, such as the IMF, World Bank, and WTO, in mediating these relations and fostering development. The course assesses the interaction of globalization and development and inquires into the normative issues of global justice.