523 Finance in Asia: Institutions, Regulations and Policy

The global economy and financial system are undergoing a profound transformation in the twenty-first century with the rise of Asia, most particularly China. This course will consider finance in the region and its implications for the global financial system. Following an introduction to the evolution of finance in Asia and its role in the global economy, the course will consider the role of Asia in international financial arrangements such as the Group of 20 (G20) and International Monetary Fund (IMF), regional financial regulatory arrangements (focusing on the major financial centers such as Hong Kong and Singapore), China’s financial internationalization (in particular of the RMB, the Belt and Road Initiative and the Asian Infrastructure Investment Bank [AIIB]), and the impact of technology on finance in the region (with a focus on China and India).

The class will be conducted as an interactive seminar. Student grades will be based on participation (10%) and a series of 3 papers (approximately 5 pages each) on specific topics throughout the course (90%). For those wishing a second credit, there is the option of an additional 25+ page seminar paper due at the end of the semester. (Students should enroll in Law 523W if they plan write the 25+ page paper.)

Enrollment Prerequisite

LAW 210 BUSINESS ASSOCIATIONS is a pre-requisite for this course.  LAW 384 SECURITIES REGULATION and LAW 534 ADVISING THE ENTREPRENEURIAL CLIENT are also recommended, but not required, as prerequisites.

Course Areas of Practice
Course Type
Seminar
2017
Spring 2017
Course Number Course Credits Evaluation Method Instructor Meeting Day/Times Room

523.01 1
  • Reflection Papers
  • Class participation
Douglas Arner F 10:00 - 12:00 PM 4044

The global economy and financial system are undergoing a profound transformation in the twenty-first century with the rise of Asia, most particularly China. This course will consider finance in the region and its implications for the global financial system. Following an introduction to the evolution of finance in Asia and its role in the global economy, the course will consider the role of Asia in international financial arrangements such as the Group of 20 (G20) and International Monetary Fund (IMF), regional financial regulatory arrangements (focusing on the major financial centers such as Hong Kong and Singapore), China’s financial internationalization (in particular of the RMB, the Belt and Road Initiative and the Asian Infrastructure Investment Bank [AIIB]), and the impact of technology on finance in the region (with a focus on China and India).

The class will be conducted as an interactive seminar. Student grades will be based on participation (10%) and a series of 3 papers (approximately 5 pages each) on specific topics throughout the course (90%). For those wishing a second credit, there is the option of an additional 25+ page seminar paper due at the end of the semester. (Students should enroll in Law 523W if they plan write the 25+ page paper.)

Grading Basis: Graded

Pre/Co-requisites

LAW 210 BUSINESS ASSOCIATIONS is a pre-requisite for this course.  LAW 384 SECURITIES REGULATION and LAW 534 ADVISING THE ENTREPRENEURIAL CLIENT are also recommended, but not required, as prerequisites.

Enrollment Restrictions
Check pre-co-requ

*Please note that this information is for planning purposes only, and should not be relied upon for the schedule for a given semester. Faculty leaves and sabbaticals, as well as other curriculum considerations, will sometimes affect when a course may be offered.