We are more than eager to offer you again live events after the summer.
We will do our utmost to respect the distancing rules in place for indoor events and ask for your collaboration in that regard.
We will kick off our series of live events with the presentation Investing in Emerging Markets by Sebastian Petric.
Sebastian Petric is an EM Strategist with over 10 years of experience investing in emerging markets and developing economies. Sebastian is currently a capital market researcher with Raiffeisen Bank International and worked previously as a director in the investment office of UBS. He was educated at the Vienna University of Economics and Business, the London School of Economics and the University of Oxford. Sebastian has a strong interest in asset pricing, development finance, inclusive globalisation and sustainable economic growth and recently published his book entitled:
“Predictability of Financial Crises: The Impact of Fundamental, Policy-induced and Institutional Vulnerabilities on China Compared to other Emerging Markets”
In 2015 and 2016, China’s exchange rate was struck by unprecedented volatility, which gets little attention from an early warning perspective. The dependent variable of this research is the currency debasement of the Chinese yuan, which took place in August 2015, together with the revision and the subsequent alterations in the exchange rate regime, as well as the resulting capital flow volatility.
The independent variables are three analytical dimensions; namely fundamental, policy-induced and institutional vulnerabilities.
Sebastian analyses why China was less severely affected by financial crises over the past forty years relative to other emerging markets and developing economies. By drawing on lessons from past financial crises, he sheds light on the notion that China had advantages along those three dimensions which made the country less vulnerable to financial crises, in particular to excess volatility in China’s currency.
He goes on to hypothesise that certain variables of these dimensions have changed, thus leading to increased fragilities of China in the second half of 2015 and 2016.
The presentation will take place on Wednesday Oct 7th at 12:30 followed by a lunch buffet.
Attendees are welcome from 12:00 on.
Please register using this link:
https://cfaaustria-emergingmarkets.eventbrite.de
Looking very much forward to welcoming you then.