SEACEN Signature Course

Welcome to the resource page for our SEACEN Signature Course on "International Capital Market Integration: Managing Benefits and Costs."  Please find below the slides from our lectures as well as additional course materials.

If you have any further questions, please feel free to contact me at

Overview Session
Sessions 3 & 4: Theory of Capital Market Integration, Empirics, and Implementation
Session 6: Liberalization and Sequencing
Session 11: Capital Controls Vs Macroprudential Measures
Session 12: Monetary Policy Implications: Integrating Macro-prudential Tools and CFM Measures into a Monetary Policy Strategy
Session 14: Distributive Impact and Politics of Liberalization
Session 15: Policy Spillovers & Issues of International Cooperation