This course studies the causes and consequences of international borrowing and lending and exchange rate fluctuations. We will discuss key empirical facts about these phenomena, develop economic models to understand the forces that drive them, and apply the models to gain insights about a variety of historical contexts like China's rapid economic development and the recent sovereign debt crises in the Eurozone periphery.
This course studies the causes and consequences of international borrowing and lending and exchange rate fluctuations. We will discuss key empirical facts about these phenomena, develop economic models to understand the forces that drive them, and apply the models to gain insights about a variety of historical contexts like China's rapid economic development and the recent sovereign debt crises in the Eurozone periphery.
