Ilene Grabel co-directs the graduate program in Global Finance, Trade and Economic Integration at the University of Denver’s Graduate School of International Studies. She has also lectured at the Cambridge University Advanced Programme on Rethinking Development Economics since its founding. Grabel has published widely in academic journals on financial policy and crises in developing countries, international capital flows, and central banks and currency boards.

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Portfolio Investment

Since the mid-1980s, there has been a dramatic increase in the magnitude of international flows of portfolio investment (PI), especially from countries in the North to emerging market economies across the South.