The US economy is often referred to as the "banker to the world," due to its unique role in supplying global reserve … globalization raises wealth inequality in a financially-developed economy initially due to foreign capital pressing up domestic …

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 …

This paper analyzes the impact of the globalization of financial markets on developing and transition economies …

points during two waves of financial globalization (1870-1913 and the present time). The data are drawn from primary sources …

In recent years financial globalization and benign global market conditions have helped emerging markets in their …

This paper studies the relation between firm''s financing choices and financial globalization. Using an East Asian and …