Skip navigation

Josef Korbel School of International Studies

Josef Korbel School student in front of the United Nations

Faculty & Research Centers

Ilene Grabel, Professor

Ilene GrabelEmail: [email protected]

Phone: 303-871-2546

Office: 1159 Sie International Relations Complex
Josef Korbel School of International Studies
University of Denver
2201 South Gaylord Street
Denver , CO 80208

Download CV



  • PhD, University of Massachusetts
  • MA, University of Massachusetts
  • BA, Queens College

Research and Expertise

Political economy of international finance; political economy of financial reform in developing countries; financial crises: causes, macroeconomic consequences, and preventative policies; international private capital flows; central banking and exchange rate regimes; macroeconomic policy options for developing economies; financial governance; currency conflicts; IMF and World Bank.

Professional Profile

  • Professor of International Economics, Josef Korbel School of International Studies at the University of Denver (2006-present), Associate Professor (1998-2006), Assistant Professor (1992-1998)
  • Co-editor of the Review of International Political Economy
  • Editorial Board Member of the Forum for Social Economics 
  • Member, Scientific Board of the Group of Progressive Alliance of the European Parliament
  • Research partner, Centro de Estudios Financieros y Económicos de América del Norte (CEFENA), National Autonomous University of Mexico (UNAM) (2012-present)
  • Consultant, United Nations Development Program, Human Development Report Office (2012)
  • Member, Task Force on Regulating Global Capital Flows for Long-Run Development, a project of the Pardee Center for the Study of the Longer-range Future, Boston University (2011-2012)
  • Expert advisor, Third World Network project on capital controls and free trade agreements (2010-2011)
  • Lecturer, Cambridge Advanced Programme on Rethinking Development Economics, Cambridge University, UK (2001-2008), Summer School on Institutionalist Economics, sponsored by the Association for Evolutionary Economics and the Jerome Levy Economics Institute of Bard College (1999)
  • Visiting Faculty, Universidad Nacional - Costa Rica (1997), Woodrow Wilson Summer Institute on Public Policy and International, Affairs, University of Michigan, School of Public Policy (1996), Smith College (1991-1992)
  • Consultant, United Nations Development Program (UNDP), United Nations Conference on Trade and Economic Development (UNCTAD)/Group of 24, the UN University's World Institute for Development Economics Research, ActionAID, the Bretton Woods Project, the Third World Network, New Rules for Global Finance, and more
  • Participated in the UN's Expert Group meeting on financial crisis
  • Addressed the Central Bank of Costa Rica, the Central Bank of the Argentine Republic on the occasion of its 75th anniversary, and a conference of the Union of South American Nations (UNASUR)

Recent Publications

Grabel, I. (2015). "Post-crisis Experiments in Development Finance Architectures: A Hirschmanian Perspective on 'Productive Incoherence," Review of Social Economy, special issue on "Ethics, Finance, and the Great Recession," 73(4), 388-414.

Grabel, I. (2015). "Finance, Development and Social Economics in View of the Global Crisis," John B. Davis and Wilfred Dolfsma (eds.),The Elgar Companion to Social Economics, 2nd edition, Cheltenham, UK and Northampton, USA: Edward Elgar, pp. 566-92.

(Forthcoming) Grabel, I. "Capital Controls in a Time of Crisis," Philip Arestis and Malcolm Sawyer (eds.), Financial Liberalisation: Past, Present and Future, Annual Edition of International Papers in Political Economy, Houndmills, Basingstoke: Palgrave Macmillan.

Grabel, I. & Chang, H. (2014). Reclaiming Development: An Alternative Economic Policy Manual. London: Zed Books (US distributor: Palgrave Macmillan, NY). Reissued in 2014 with Foreword by Robert Wade and new Preface.

Grabel, I. & Gallagher, K. (2014). Capital controls and the global financial crisis: Introduction to symposium. Review of International Political Economy.

Grabel, I. (2014). The rebranding of capital controls in an era of productive incoherence. Review of International Political Economy.

Stiglitz, J., Fitoussi, J., Bofinger, P., Esping-Andersen, G., Galbraith, J. & Grabel, I. (2014). A call for policy change in Europe. Challenge, 57(4), 5-17. 

Grabel, I. (2014). Finance, development and social economics in view of the global crisis. In Davis, J. & Dolfsma, W. (eds.). The Elgar Companion to Social Economics, 2nd edition. Cheltenham, UK and Northampton, USA: Edward Elgar.

Grabel, I., Mügge, D., Seabrooke, L., Woll, C., Johnson, J., & Gallagher, K. (2013). The future of international political economy: Introduction to the 20th anniversary issue of RIPE. Review of International Political Economy, 20(5), 1009-23. 

Grabel, I. (2013). Crisis financiera global y nuevas arquitecturas financieras para el desarrollo: Segunda parte. Ola Financiera, 14, 87-122. 

Grabel, I. (2013). Global financial governance and development finance in the wake of the 2008 financial crisis. Feminist Economics, 19(3), 32-54.

Grabel, I. (2012). Financial architectures and development: Resilience, policy space, and human development in the global south. background paper prepared for the United Nations Development Program, Human Development Report 2012, March.

Grabel, I. (2011). Not your grandfather’s IMF: Global crisis, ‘productive incoherence,’ and developmental policy space. Cambridge Journal of Economics, 35, 805-830.


  • INTS 4320: International Monetary Relations
  • INTS 4355: Financial Systems and Economic Development
  • INTS 4357: Advanced Issues in the Political Economy of Monetary Relations
  • INTS 3600: Undergraduate International Monetary Relations