Financial globalisation has been associated with divergent current account patterns in emerging market economies. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account deficits. In this paper we...

Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account...

Verlagsinfo: Jones beschreibt in seinem Werk die Entwicklung Europas in langfristiger Sicht. Dabei legt er besonderes Gewicht auf die Zeit zwischen 1400 und 1800 und auf Vergleiche mit Asien. Das System, das damals in Europa entstand, ist wichtig für die Geschichte dieses Erdteils und als...