You can choose between these three topics:
1.What does ‘security prices reflect all relevant information’ mean? Explain all relevant investment strategies agreeing and/or disagreeing this statement. Give examples.
2. Discuss the impact of premature financial liberalisation on macroeconomic and financial stability. Give examples.
3. Discuss McKinnon-Shaw theory of financial liberalisation. How may financial liberalisation affect quantity and quality of investment and the economic development according to McKinnon and Shaw? Give specific examples.
Let me know which topic as I can provide sources, especially for the first one, I have a few.
