This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust causal relationship between financial integration and economic growth; (2) contrary to theoretical predictions, financial integration appears to be associated with increases in c...
You easily download any file type for your gadget.Effects of Financial Globalization on Developing Countries: Some Empirical Evidence (Occasional Paper (International Monetary Fund)) | M. Ayhan Kose, Kenneth Rogoff, Eswar Prasad, Shang-Jin Wei. I really enjoyed this book and have already told so many people about it!
