The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …

The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …

policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take …

The global financial crisis serves as a reminder of the risks of financial globalization. After grappling with surges … fierce debate about the merits of financial globalization and its effects on growth and stability, especially for emerging … implications for the debate on financial globalization. Nevertheless, there are two preliminary observations that are pertinent …

process of financial globalization. Our central findings indicate that policies promoting financial sector development …, institutional quality, and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound … unavoidable inherent tensions in evaluating the risks and benefits associated with financial globalization. In the light of these …