course

How to finance the trade for the emerging markets remains a major challenge. This course will be covered include financial development and trade growth, financial frictions and R&D innovation and investment in trade; new financing tools such as the trade credit, supply chain finance, finch and big data lending platform; the political economy of finance and trade policy; international capital flows and financial globalization to promote trade. After taking this course, students will have an overview of the main questions in micro and macro-financial linkage; master theroretical/empirical frameworks frequently used to analyse these questions; and develop deeper economic intuition to conduct development policy. Each student will participate in two presentations, with the schedule determined by the third week. The grade will be based on the presentations (2 thirds) as well as regular participation in classwide discussion (1 third).