Narrow search
Showing 1 - 10 of 1,102
Cover Image
How Does Financial Globalization Affect Risk Sharing? : Patterns and Channels
Terrones, Marco - 2007
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 …
Persistent link: https://www.econbiz.de/10014400319
Cover Image
Developing Countries and the Globalization of Financial Markets
Knight, Malcolm D. - 1998
This paper analyzes the impact of the globalization of financial markets on developing and transition economies …
Persistent link: https://www.econbiz.de/10014403407
Cover Image
FDI, global value chains, and local sourcing in developing countries
Amendolagine, Vito; Presbitero, Andrea; Rabellotti, Roberta - 2017
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors....
Persistent link: https://www.econbiz.de/10012112331
Cover Image
International trade and corporate market power
Gonzalez-Garcia, Jesus; Yang, Yuanchen - 2020
This paper examines the effect of international trade on corporate market power in emerging market economies and developing countries, with a special focus on sub-Saharan Africa. The analysis is based on a large firm-level dataset, tariff data by sector and agreggate indicators of international...
Persistent link: https://www.econbiz.de/10012299347
Cover Image
Foreign Direct Investment in Emerging Markets : Income, Repatriations and Financial Vulnerabillities
Lehmann, Alexander - 2002
Based on U.S. data, the returns on foreign direct investment in emerging markets are shown to be substantially higher than would be suggested by official balance of payments statistics. This paper identifies the determinants of FDI profitability in 43 industrialized and developing countries....
Persistent link: https://www.econbiz.de/10014399589
Cover Image
The Investment Technology of Foreign and Domestic Institutional Investors in an Emerging Market
Patnaik, Ila - 2013
The literature on the investment technology of foreign versus domestic investors has inconclusive results. This paper revisits the question, with a focus on decomposing portfolio performance into asset allocation and security selection. We document signicant differences in exposure to systematic...
Persistent link: https://www.econbiz.de/10014395250
Cover Image
Safe asset demand, global capital flows and wealth concentration
Kim, Taehoon - 2021
globalization raises wealth inequality in a financially-developed economy initially due to foreign capital pressing up domestic …
Persistent link: https://www.econbiz.de/10012796314
Cover Image
Emerging market securities access to global plumbing
Choi, Gongpil; Ortega, Federico; Kumar, Manmohan S. - 2021
What are the constraints that have stalled EMs efforts to reuse their securities in international financial centers? We discuss the economics of collateral re-use and the present institutional structure in Asian and Latin American countries. Our empirical investigation suggests pledgeability...
Persistent link: https://www.econbiz.de/10012604765
Cover Image
Is inflation domestic or global? : evidence from emerging markets
Bems, Rudolf; Caselli, Francesca; Grigoli, Francesco; … - 2018
trade and the broader globalization in these economies, or to better domestic policies? In this paper, we review the …
Persistent link: https://www.econbiz.de/10011932519
Cover Image
On international integration of emerging sovereign bond markets
Agur, Itai; Chan, Melissa; Mangal Goswami; Sharma, Sunil - 2018
The paper investigates the international integration of EM sovereign dollar-denominated and local-currency bond markets. Factor analysis is used to examine movements in sovereign bond yields and common sources of yield variation. The results suggest that EM dollar-denominated sovereign debt...
Persistent link: https://www.econbiz.de/10011799288