Financial integration among economies has the benefit of improving allocation efficiency and diversifying risk. However the recent global financial crisis, considered as the worst since the Great Depression has re-ignited the fierce debate about the merits of financial globalization and its...

We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality, and trade openness appear to help...

The G20: a practitioner's perspective / Vanessa Rubio-Marquez -- The G20 after eight years: how effective a vehicle for developing-country influence? / Leonardo Martinez-Diaz -- Finance ministers and central bankers in East Asian financial cooperation / Helen E.S. Nesadurai -- Voice for the...