of foreign organizations such as the World Bank and the International Monetary Fund and the behavior of peer countries …

Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been …

Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been …

economic management in the developed world and the economic models that guide it. The crisis has revealed major market failures … market-state balance, macroeconomic management, globalization, development financing, and public spending. On the one hand … should largely reinforce the Post-Washington Consensus on development that has emerged over the past decade -- a world view …

Macrofinancial Model (GFM). This dynamic stochastic generalequilibrium model of the world economy, disaggregated into forty national …

We review the debate on the association of financial globalization with inequality. We show that the within …-market specific - is important for facilitating wider sharing of the benefits of financial globalization …

This paper analyzes the cross-border risks that could result from a decarbonization of the world economy. We develop a …

The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …