Emerging Economic Markets

Catalog description

Emerging Markets (EM) countries with rapid economic growth of development pose a different set of challenges and opportunities than the environment in developed markets. Acknowledging this fact, this course will examine the factors contributing or impeding the development of EM. The course will not only examine the institutional foundations of well-functioning emerging financial markets, namely: national government’s fiscal balances and the value of their currency; sound law, regulations and systems of information controls but also review the imperatives dictated by the globalization of capital flows, country risks and the real economy. Junior Standing Required.