Showing 81 - 90 of 461
Purpose – Natural disasters may inflict significant damage upon international financial markets. The purpose of this study is to investigate if any contagion effect occurred in the immediate aftermath of the Japanese earthquake, tsunami and subsequent nuclear crisis....
Persistent link: https://www.econbiz.de/10013032608
about the merits of financial globalization and its implications for growth especially in developing countries. This paper …
Persistent link: https://www.econbiz.de/10013032610
In recent decades, foreign assets and liabilities in advanced countries have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt...
Persistent link: https://www.econbiz.de/10014073613
We provide a systematic analysis of bilateral, source and host factors driving portfolio equity investment across countries, using newly-released data on international equity holdings at the end of 2001. We develop a model that links bilateral equity holdings to bilateral trade in goods and...
Persistent link: https://www.econbiz.de/10014064502
We examine whether the cross-country incidence and severity of the 2008-2009 global recession is systematically related to pre-crisis macroeconomic and financial factors. We find that the pre-crisis level of development, increases in the ratio of private credit to GDP, current account deficits,...
Persistent link: https://www.econbiz.de/10013130205
This note documents and assesses the role of small financial centers in the international financial system using a newly-assembled dataset. It presents estimates of the foreign asset and liability positions for a number of the most important small financial centers, and places these into context...
Persistent link: https://www.econbiz.de/10013147316
In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding changes in the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to...
Persistent link: https://www.econbiz.de/10013318016
Persistent link: https://www.econbiz.de/10013423464
Persistent link: https://www.econbiz.de/10013424451
The paper explores the dark side of economic openness by examining empirically the nexus between the globalization … and exploitation of human beings. After discussing some transmission channels through which globalization could increase … specificities and controlling for social, cultural and historical factors, suggest that globalization, particularly financial and …
Persistent link: https://www.econbiz.de/10012489867