International Finance

    When capital markets are global, asset pricing is global. When money markets are global, the cost of funds is global. Globalization creates new opportunities and new constraints for both private and public borrowers. The question is how local institutions shape the effects of globalization.

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    New Nationalist Challenges to Globalization: The Good, Bad, and Ugly

    A conversation with Robert Johnson, President of the Institute for New Economic Thinking, former Managing Director for Soros Fund Management and former Chief Economist of the US Senate Banking Committee. Read more