International Financial System

Subject LAWS70110 (2010)

Note: This is an archived Handbook entry from 2010.

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2010:

May, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: The total class time is between 24 and 26 hours.
Total Time Commitment: Visit the Melbourne Law Masters website for more information about this subject.
Prerequisites: Visit the Melbourne Law Masters website for more information about this subject.
Corequisites: Visit the Melbourne Law Masters website for more information about this subject.
Recommended Background Knowledge: Visit the Melbourne Law Masters website for more information about this subject.
Non Allowed Subjects: Visit the Melbourne Law Masters website for more information about this subject.
Core Participation Requirements: Visit the Melbourne Law Masters website for more information about this subject.

Contact

For the most up-to-date information about this subject, contact the Melbourne Law Masters Office by email at law-masters@unimelb.edu.au or phone 8344 6190 or alternatively visit the subject website: www.masters.law.unimelb.edu.au
Subject Overview:

Principal topics will include:

  • The historical development of the international financial markets from Bretton Woods to the present day
  • Costs and benefits of internationalisation of finance
  • Eurocurrency markets and syndicated lending
  • The United States capital markets
  • Other significant capital markets
  • International prudential regulation and capital adequacy
  • The rise of the emerging markets and their integration into mainstream capital markets
  • Recent crises in the emerging markets
  • Regulatory measures available to emerging market nations
  • Proposals for reform of the international financial architecture.
Objectives:

A student who has successfully completed this subject should:

  • Understand the principal financial markets of the world and their interrelation with one another in the financial system
  • Understand the development of those markets over time and recent crises therein
  • Understand the regulation of the activities of those markets (principally through the Basle Accord and other activities of the Bank for International Settlements)
  • Understand the options for reform of the architecture of the international financial system
  • Be able to critically analyse and evaluate the operations of these markets.
Assessment:

Take-home examination (100%) (2-5 July)
or
10,000 word research paper (100%) (9 August) on a topic approved by the subject coordinator

Prescribed Texts: Visit the subject website for more information
Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Visit the Melbourne Law Masters website for more information about this subject.
Links to further information: http://www.masters.law.unimelb.edu.au/

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