globalization for local market deepening, international risk diversification, financial contagion, and financial dollarization, and …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 …

globalization for local market deepening, international risk diversification, financial contagion, and financial dollarization, and …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 …

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 …

This is a background paper to the 2014 World Development Report. Risk is inherent to the pursuit of opportunity. This … value chains. First, it examines the risk-sharing mechanisms that firms provide from the national and global perspectives …

Which cities have the highest risk of human and economic losses due to natural hazards? And how will urban exposure to … major hazards change over the coming decades? This paper develops a global urban disaster risk index that evaluates the … components of this risk measure are urban hazard characteristics, exposure, and vulnerability. For earthquakes, cyclones, floods …

Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income … incomes between countries, and unskilled workers' wages in rich and poor countries often differ by a factor of 10 to 1. This …

inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality …

interaction among Russia's deteriorating fiscal fundamentals, its weak micro-foundations of growth and financial globalization … notwithstanding. These include a discussion of when financial globalization might actually hurt and a cutoff in market access might …

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 …