I taught this graduate-level course for five years, with my students including mid-level career government officials from many developing economies. The course turned out to be very popular, and I was asked by many universities around the world to send them the syllabus.
Economic and monetary developments in 2011 2011 continued to be an exceptional year, confronting the ECB again with rather challenging economic and financial conditions. In the earlier part of the year, the economic recovery in the euro area continued, supported by global growth and strengthening domestic demand.