Asian Capital Markets

This course explores the increased weight of Asia in global financial markets and its implications. It frames the discussion in the context of the globalization of financial markets, with emphasis on concepts of economic development, institutional reform of markets, and public & private market investments. Discussions and investment case studies combine analysis of historical trends & recent data with insights from practical experience in Asian markets. Course considers the constraints in China's shift toward a capital market-based financial system, potential revival of the Japanese corporate sector, & the expansion of Indian capital markets.