Emerging Financial Markets - FINS5522


	Faculty: Australian School of Business
	School: School of Banking and Finance
	Course Outline: http://banking.web.unsw.edu.au/
	Campus: Kensington Campus
	Career: Postgraduate
	Units of Credit: 6
	EFTSL: 0.12500 (more info)
	Indicative Contact Hours per Week: 3
	Enrolment Requirements:
	Prerequisite: FINS5513 or enrolment in program 8406.
	Fee Band: 3 (more info)
	Further Information: See Class Timetable

Description

Emerging capital markets have become in vogue as a result of a wave of mass financial liberalization, which occurred towards the end of the 1980s. Emerging financial markets behave differently to developed financial markets because of their level of integration (or conversely degree of segmentation) with world markets. A major aim of this course is to examine the issues pertinent to investment in emerging financial markets from both the perspective of international investors and policy makers. These broadly revolve around financial crises, liberalization and capital flows, pricing of political risks and other risks, governance and financial architecture, and regional integration.