Ceballos, Francisco; Didier, Tatiana; Schmukler, Sergio L. - East Asian Bureau of Economic Research (EABER) - 2012
Financial globalization has gathered attention since the early 1990s because of its macro-financial and crisis … implications and its perceived large expansion. But financial globalization has taken different forms over time. This paper … examines two important concurrent dimensions of financial globalization relevant for emerging countries : diversification and …