Russia had more-or-less completed the privatization of its manufacturing and natural resource sectors by the end of …, lowered real interest rates, and spurred investment. Instead, Russia suffered a massive public debt-exchange rate … interaction among Russia's deteriorating fiscal fundamentals, its weak micro-foundations of growth and financial globalization …

developing countries in the world economy and the emerging multi-polar growth setting. It evaluates the stability of the current …

countries around the world currently use some form of interest rate caps on loans -- all with varying degrees of effects … competition and product innovation, improve financial consumer protection frameworks, increase financial literacy, promote credit …

at the core of policymakers? agendas. The Consultative Group to Assist the Poor and the World Bank Group, in response … inform the policy debate. Using this database, this paper (i) counts the number of unbanked adults around the world at 56 …) discusses the state of financial inclusion mandates around the world …

estimation of the number of bank accounts in the world (6.2 billion) as well as the number of banked and unbanked individuals. In …

transactions take place. The authors find that globalization via the diversification channel expanded throughout the world during … markets and countries. The paper also shows that the nature of financing through both diversification and offshoring has …

relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the …