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Persistent link: https://www.econbiz.de/10010523356
"This paper analyzes the effects of capital controls and crises on international financial integration, using data on stocks from emerging economies that trade in domestic and international markets. The cross-market premium (the ratio between the domestic and international market price of...
Persistent link: https://www.econbiz.de/10010520989
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This report reviews the status of Mashreq countries' economic integration with the world, with the Arab world, and within the Mashreq sub-region itself. It examines the drivers of progress to date and barriers to further integration. It focuses on Mashreq countries' participation in integration...
Persistent link: https://www.econbiz.de/10012247211
This report reviews the status of Maghreb countries' economic integration with the world, with the Arab world, and within the Maghreb itself. It focuses on trade in goods and services, labor and capital flows, financial integration and cross-border infrastructure integration. It discusses the...
Persistent link: https://www.econbiz.de/10012247212
"South Asia has attracted global attention because it has experienced rapid GDP growth over the last two decades. What … is not so well known is that South Asia is the least integrated region in the world. South Asia has opened its door to … friction and conflict have resulted in two South Asias. The first South Asia is dynamic, growing rapidly, highly urbanized, and …
Persistent link: https://www.econbiz.de/10010521023
Bulgaria's financial integration with Europe has been essential in financing economic transition and spurring economic growth. As the sovereign debt turmoil in Europe casts a cloud over the financial sector, the development of capital markets over the medium term may offer a beneficial...
Persistent link: https://www.econbiz.de/10012557646
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"This is an empirical paper seeking to identify the mode of Turkey's integration into global markets in general, and pan-European markets in particular, as revealed in its trade performance. The analysis provides empirical support to the following observations. First, thanks to steady expansion...
Persistent link: https://www.econbiz.de/10010522153