Kose, M. Ayhan; Prasad, Eswar S.; Taylor, Ashley D. - Institut zur Zukunft der Arbeit <Bonn> - 2009
The financial crisis has re-ignited the fierce debate about the merits of financial globalizationand its implications for growth, especially for developing countries. The empirical literaturehas not been able to conclusively establish the presumed growth benefits of financialintegration. Indeed,...