This paper studies the behavior of emerging stock excess returns in an industry-by-industry context. We examine stock market performance for 23 countries and ten industries over 17 years from 1995 to 2012 – a period that includes major changes in capital market regulations, the removal of...

Financial integration among economies has the benefit of improving allocation efficiency and diversifying risk. However the recent global financial crisis, considered as the worst since the Great Depression has re-ignited the fierce debate about the merits of financial globalization and its...

Financial integration among economies has the benefit of improving allocation efficiency and diversifying risk. However the recent global financial crisis, considered as the worst since the Great Depression has re-ignited the fierce debate about the merits of financial globalization and its...

Faced with a persistent pandemic, investors are concerned about portfolio diversification. While the literature on COVID-19 has evolved impressively, limited work remains on diversification opportunities. We contribute to the literature by exploring the volatility and co-movement of different...

This paper makes a set of estimates for the potential impact of the COVID-19 pandemic on poverty incidence, intensity, and severity in developing countries and on the distribution of global poverty. We conclude there could be increases in poverty of a substantial magnitude-up to 400 million new...

This report presents case studies of knowledge exchage projects implemented during the COVID 19 pandemic by University of Glasgow researchers. It highlights good practices, approaches and online tools to conduct research remotely and ensure active engagement from stakeholders

The development of a new global health architecture in the wake of Covid-19 will require important decisions to be made, especially when it comes to negotiating a pandemic accord and creating robust supply chains. Against the backdrop of their systemic rivalry, the US and China view global...