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Intro -- Contents -- I. INTRODUCTION -- II. FINANCIAL INTEGRATION REDUCES RISK -- III. ESTIMATION METHODOLOGY AND DATA …
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private capital flows could affect growth. In our sample, the degree of financial market development is an important … consistent positive association between net capital flows and growth for SSA countries contrasts with the more pessimistic res …
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This paper assesses the extent of regional financial integration in the Caribbean Community (CARICOM) by analyzing equity prices in the region and rigidity of external financing constraints. The results are presented in a cross-regional perspective. The Caribbean stock markets are not as well...
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