Kenneth Rogoff (Harvard University) Lecture I: Overview, intertemporal models of the current account, global current account imbalances. Challenges to the canonical model. Lecture II: Sovereign Risk and Investment for Emerging markets. Lecture III: Exchange Rates and Monetary Policy; Speculative...

Focal Challenges 2008: - Dealing with Climate Change - Reconstructing the Welfare Systems Essential Issues 2008: - Creating and Disseminating Knowledge, - Creating Security, - Spreading the Benefits of Globalization, - Tackling Inequality, - Promoting Social Cohesion, - Promoting Health.

Geert Bekaert (Columbia University) Outline: Session 1: • Globalization and its Effects on the Economy • The Case for International Diversification Session 2: • Global Asset allocation • Review Mean Variance Optimization • CAPM • Home Bias Session 3: • Currencies • Optimal...

Holger Wolf (Georgetown University Washington) Part I: Preliminaries: Concepts, History, And Institutions Part II: The Current Account Part III Exchange Rate Determination and Pricing Part IV Exchange Rate Regimes Part V: Financial Integration Part VI Policies and Issues