The course will provide an assessment of current trends and foci in U.S. foreign economic policy, with a special focus on the recent global economic downturn and the impact of war on U.S. foreign policy. Washington policy makers, international business executives, think tank scholars, media representatives, and academicians will provide a series of presentations on important elements of international business processes and environments and how they interrelate with U.S. foreign policy. This will include such topics as the current (Bush) administration?s overall economic and trade policies, the incoming Obama administration?s economic and trade policies; global risk assessments for foreign investment; WTO, IMF, and World Bank roles and policies; and regional economic reviews. Course meetings will involve lecture sections and discussions, as well as visits to relevant Washington-based agencies?both domestic and international, think tanks, and corporate headquarters. Two primary themes will run through the course. The first deals with the institutional environment of U.S. foreign economic policy and U.S. foreign direct investment. Speakers will explain the role of their institutions and discuss their views on the international business environment from the perspective of that particular institution. The second deals with particular situational environments. Speakers will discuss the nature of regional (e.g., eastern European, Southeast Asia, Latin America) or contextual (e.g., environmental policy, information access, corporate strategy) circumstances as they affect business and investment prospects. Particular emphasis will be given to the transition taking place from the Bush to the Obama administration. Given the importance of the wars in Iraq and Afghanistan and the impact of radical Islamic terrorism, U.S. national security questions will be a part of what we concern ourselves with throughout the period in Washington.