127 advanced and developing countries. We provide evidence that this is a result of an increase in financial globalization … (stock of external assets and liabilities). This dominates the effect of an increase in trade globalization (exports plus … shocks we show that the theoretical impact of financial and trade globalization on the correlation between capital inflows …

This book discusses China's integration into the world economy, drawing on papers previously written by the editor. It … driving China's growth.While other books on China do not focus much on China's integration into the world economy, this book … provides technically strong analyses of key contributing factors to China's growth performance. It also highlights innovation …