Political Science 386, Comparing Mexico and China

Fall Term 2000

International Financial Integration

I. The Importance of Global Financial Integration

A. Definitions (graphic)

B. Degree of "Globalization" (graphic)

C. Causes (graphic)

II. Unpacking the 'Electronic Herd'

A. Assumptions (graphic)

B. Four Types of Investor Behavior (graphic)

III. Implications

A. The Golden Staitjacket on Policy (graphic) (graphic)

B. Global Convergence ("Best Practice") (graphic)

C. Global Inequality (graphic)