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"Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their … competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through …
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"globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find … the treatment of endogenous globalization measures. "--World Bank web site …
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"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...
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