Discuss the impact of premature financial liberalisation on macroeconomic and financial stability. Give examples.
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 […]