distinct impact of financial integration and globalization on several dimensions of real activity. We find that: (a) financial … financial integration predict better growth prospects; (c) both advances in financial integration and globalization are … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …

countries building momentum toward faster growth. There is a possibility that in the wider context of globalization several of …

national business cycles than previously thought - also in the pre-globalization period. …