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Emerging Markets

Course Number:



Sevin Yeltekin,





Course Description

The aim of the course is to understand the economic, political and institutional forces that spur or hinder business activity and success in emerging economies. The course is designed to provide an overview of fiscal, monetary, trade and labor market policies adopted in emerging economies  and how these policies have impacted and continue to impact small and large businesses,  investment opportunities and the growth potential of these countries. The course will focus on successful emerging economies such as India, China, Turkey, Brazil, with broader lessons and comparisons drawn from developed countries, as well as from failures in other developing nations. By the end of this course, students will be able to a) identify and quantify the sources of growth that enable a country to transition from a developing to an emerging market economy, b) understand how property rights, corruption and bureaucracy impact the operation of businesses  in emerging markets, c) understand how fiscal, monetary and trade policies affect firms and household in emerging market economies, d) understand the potential sources that might trigger a  crisis in a emerging market and e) understand the challenges and the opportunities facing multinational firms operating in emerging markets.  (SY-7/2013)



Lecture: 100min/wk and Recitation: 50min/wk