4.0

Average Course Rating

The course will provide students with a basic understanding of how political-economy and macro-financial constraints affect countries’ vulnerability to financial crises. Exploring three decades of evidence, it will discuss the main drivers of currency, banking, and debt crises in emerging markets. The course will build upon the material covered in IE 2, or in a similar intermediate macroeconomics course, and requires familiarity with empirical analysis. Students are expected to participate actively preparing and discussing case studies.