Financial Globalization, Capital Flows, and the Global Financial Cycle
About the Course
This lecture provides an overview of the benefits of financial globalization and explains why these gains have not always materialized empirically. It also examines the drivers of capital flows in crisis and non-crisis periods and the role of the global financial cycle.
The lecture will help learners understand recent developments in financial globalization, including why theoretical benefits do not always match what is observed empirically. It will also help them understand the factors driving capital flows and the role of the global financial cycle.
How to Complete this e-Course
- Watch 4 short video lessons
- Review assigned open access reading materials
- Submit an Evaluation Form
- Certificate issued upon completion of course requirements