Lecture 12: Benefits of International Financial Integration Pros and Cons of Open Financial Markets Advantages of financial integration The theory of intertemporal.
Lecture 11: Measuring financial integration Foreign exchange markets (more in Appendix) Liberalization & interest rate arbitrage How to manage risk: The.
ITF220 - Prof.J.Frankel Lecture 18: Crises in Emerging Markets Boom-bust cycles of inflows & outflows Crashes Sudden stops Managing capital outflows Speculative.
