The new international financial architecture can help African countries benefit from globalization, while minimizing …

integration and improved real prospects are mutually reinforcing. Third, financial integration predicts globalization but the …

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … outcomes during the recent period of globalization. Developing countries have, by and large, been shut out of this benefit. The … why emerging markets have not been able to realize this presumed benefit of financial globalization. In particular, our …

The literature on the benefits and costs of financial globalization for developing countries has exploded in recent … macroeconomic effects of financial globalization, in terms of both growth and volatility. Overall, our critical reading of the … financial globalization, but with many nuances. On the other hand, there is little systematic evidence to support widely cited …

The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …

context of globalization-a term typically used to describe the phenomenon of growing international trade and financial …

Monetary and fiscal policies around the world are in better shape today than two decades ago. This paper studies … whether financial globalization has helped induce governments to pursue better macroeconomic policies (the "discipline effect … robust causal evidence. There is some evidence that financial globalization may have induced countries to pursue low …