Showing 31 - 40 of 250
Persistent link: https://www.econbiz.de/10003846748
a world economy that was characterized by widespread restrictions on international capital mobility. In contrast, the … rapid pace of financial globalization during recent years poses new challenges for the international monetary system. In … explores some of the interconnections between financial globalization and exchange rate adjustment and discusses the policy …
Persistent link: https://www.econbiz.de/10014400701
for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …
Persistent link: https://www.econbiz.de/10012471593
This paper addresses the implications of financial globalization for exchange rate behavior. We highlight two …
Persistent link: https://www.econbiz.de/10012709670
We consider the operation of international capital markets in two periods of globalization, before 1914 and after 1971 … international monetary framework was responsible for the relatively short-lived and mild nature of pre-World War I financial crises …
Persistent link: https://www.econbiz.de/10012469999
Persistent link: https://www.econbiz.de/10012500924
in a world economy that was characterized by widespread restrictions on international capital mobility. In contrast, the … rapid pace of financial globalization during recent years poses new challenges for the international monetary system. In … explores some of the inter-connections between financial globalization and exchange rate adjustment and discusses the policy …
Persistent link: https://www.econbiz.de/10014064411
The global financial crisis provides an important testing ground for the financial globalisation model. We ask three questions. First, did financial globalisation materially contribute to the origination of the global financial crisis? Second, once the crisis occurred, how did financial...
Persistent link: https://www.econbiz.de/10013064180
We consider the operation of international capital markets in two periods of globalization, before 1914 and after 1971 … international monetary framework was responsible for the relatively short-lived and mild nature of pre-World War I financial crises …
Persistent link: https://www.econbiz.de/10013231411
We review the debate on the association of financial globalization with inequality. We show that the within …-market specific - is important for facilitating wider sharing of the benefits of financial globalization …
Persistent link: https://www.econbiz.de/10013243076