Course # 35310 Specialization Markets & Regulation Finance & Policy Over the past 50 years, the markets for goods and services have become dramatically globalized. The internationalization of financial markets and the liberalization of trade have been critical to this growth. In contrast to a few decades ago, today’s companies manage global supply chains and investment capital moves quickly from market to market. International Trade, Banking and Capital Markets is an introduction to the drivers of and issues behind these changes. It does not assume an extensive knowledge of economics. Topics covered begin with the gains from trade, the domestic instruments of trade policy such as tariffs and treaties, as well as international trade bodies including the World Trade Organization. We will then move on to how trade is conducted between companies in different countries, covering topics such as foreign exchange, trade documentation and instruments used to guarantee payment. The course will then cover aspects of international banking, including the cross-border provision of corporate and investment banking, as well as investment management services. The growth of international banking out of trade finance and the international expansion of domestic businesses will be presented along with the issues these developments created. Finally, this course will acquaint you with modern international capital markets. We will survey global markets for credit, equity, foreign exchange, foreign exchange derivatives, futures, interest rate swaps, credit default swaps and asset backed securities. We will discuss the importance of these markets in supporting the underlying growth in trade and services as well as some of the issues created, e.g., the precipitation of the 1997 East Asian Crisis by developing economies’ increased access to capital markets. Quarter Title Instructor Day(s) Time(s) Syllabus Fall 2023 International Trade, Banking and Capital Markets Dave Schabes Tuesday, Thursday 2:00pm-3:20pm Syllabus Recent News More news It's a Beautiful Day for Fantasy Baseball: How These Reunion Year Alums Kept in Touch Through Stats and More Wed., April 17, 2024 Alumni Profile: Gerard Apruzzese, DPSS’22 Tue., April 16, 2024 Bearing the Torch for Veterans Mon., April 15, 2024 Upcoming Events More events International Policy Action Lab (IPAL) Information Session with Alumni Wed., April 17, 2024 | 8:30 PM SDG Challenge Program for High School Students: Faculty Roundtable with Austin Wright Thu., April 18, 2024 | 6:00 AM Preparing for Harris: Academics Thu., April 18, 2024 | 8:30 AM