Showing 1 - 10 of 73
regulation. By contrast, the implications for other dimensions of globalization and for the structure of the international …
Persistent link: https://www.econbiz.de/10003927990
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been … growing in recent years. The authors characterize the evolution of financial globalization in emerging markets using …
Persistent link: https://www.econbiz.de/10013068213
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been … growing in recent years. The authors characterize the evolution of financial globalization in emerging markets using …
Persistent link: https://www.econbiz.de/10012976061
Since the 1970s, the world has embarked on a new financial globalization era. Cross-country capital flows have … significantly increased in developed and developing countries. However, the characteristics of financial globalization differ from … financial globalization (such as additional funding, broad diversification, and deeper financial systems), the positive effects …
Persistent link: https://www.econbiz.de/10012947853
Financial globalization has gathered attention since the early 1990s because of its macro-financial implications and … growing importance. But financial globalization has taken shape via different forms over time. This paper examines two … important, concurrent dimensions of financial globalization: diversification and offshoring. The diversification dimension …
Persistent link: https://www.econbiz.de/10012975170
Persistent link: https://www.econbiz.de/10014314659
This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...
Persistent link: https://www.econbiz.de/10008907303
Capital flows to emerging market economies (EMEs) have been characterized by high volatility since the 1980s. In recent years (especially since 2003), although gross as well as net capital flows to the EMEs have increased, they could not be absorbed domestically. Overall, savings have flowed...
Persistent link: https://www.econbiz.de/10003928091
Financial markets that function well are crucial for the long-run economic growth of a country. This paper, in the first instance, looks at how the financial development of an economy can be measured. It then traces the financial development of India through the 1990s to the present, assessing...
Persistent link: https://www.econbiz.de/10008936392
The accumulated experience of emerging markets over the past two decades has laid bare the tenuous links between external financial integration and faster growth, on the one hand, and the proclivity of such integration to fuel costly crises on the other. These crises have not gone without...
Persistent link: https://www.econbiz.de/10012975791