MGT6154   Emerging Market Finance   (15 credits)

Description

The module will discuss the rationale and process of financial liberalisation in emerging market economies, emphasising the challenges associated with striking the balance between liberalisation of the financial sector to enhance allocational efficiency of financial resources and regulations to mitigate market failure and systemic risk. The module content encompasses discussion of reforms and regulation of the banking and insurance sectors, the capital market, and the capital account of balance of payments. The module will be delivered through lectures that will be supplemented with tutorials, and students will be assessed through an essay/coursework and a final examination.

Reading List