International Finance, Liability Flows a

This course focuses on the economic advantages and potential risks of international financial flows, with a particular focus on the economic stability of emerging market economies and non-major developed economies. The objective of this course is to give students the tools to understand the importance of international financial flows for economic development and for economic stability. We will provide different points of view and examine the standpoints of policy makers in both local and major economies and the position of international infrastructure investors. The course will provide a mix of supporting theory, most recent academic findings, and lessons learned from around the world. The course will provide an in-depth discussion of current events, with a special emphasis on the effects of monetary tightening in major economies on the sustainability of external and government debt.