Javascript is currently not supported, or is disabled by this browser. Please enable Javascript for full functionality.

   
    Mar 28, 2024  
American University Catalog 2022-2023 
    
American University Catalog 2022-2023 [ARCHIVED CATALOG]

SIS-627 International Finance and the Emerging Markets (3)


This course deals with the implications of financial globalization for emerging market countries and specifically with the pros and cons of attracting direct investment and portfolio flows, the peculiarities of global capital movements such as contagion and sudden stop phenomena, the roles of credit rating agencies and the International Monetary Fund (IMF) in facilitating access to international lenders and investors, the importance of currency and maturity mismatches, the effectiveness (or not) of controls on capital flows, and the relationship between capital flows, over indebtedness, and sovereign debt defaults. Usually Offered: spring. Prerequisite: SIS-666  or ECON-672  or IBUS-700 .