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How Do Trade and Financial Integration Affect the Relationship Between Growth and Volatility?
Prasad, Eswar; Terrones, Marco; Kose, M. Ayhan - International Monetary Fund (IMF) - 2005
context of globalization-a term typically used to describe the phenomenon of growing international trade and financial …
Persistent link: https://www.econbiz.de/10005825974
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Regionalization vs. Globalization
Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher - International Monetary Fund (IMF) - 2013
declined over the same period. In short, the recent era of globalization has witnessed the emergence of regional business …
Persistent link: https://www.econbiz.de/10011142006
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Changing Nature of North-South Linkages; Stylized Facts and Explanations
Akin, Çigdem; Kose, M. Ayhan - International Monetary Fund (IMF) - 2007
countries, the South, driven by the process of globalization?the phenomenon of rising international trade and financial flows … economic activity on the Emerging South has declined during the globalization period (1986-2005). In contrast, the growth …
Persistent link: https://www.econbiz.de/10005769105
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Financial Integration and Macroeconomic Volatility
Terrones, Marco; Prasad, Eswar; Kose, M. Ayhan - International Monetary Fund (IMF) - 2003
This paper examines the impact of international financial integration on macroeconomic volatility in a large group of industrial and developing economies over the period 1960-99. We report two major results: First, while the volatility of output growth has, on average, declined in the 1990s...
Persistent link: https://www.econbiz.de/10005263967