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Global growth has decelerated over the course of the year under the impact of high energy prices and great uncertainty. Monetary policy, which is being tightened very quickly in view of high inflationary pressure across the board, is now also putting a drag on economic activity. Overall,...
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This paper highlights the contribution of foreign forces to the development of Francophone Africa. The major forces are in two blocs, mainly the Western countries and Asian emerging countries. Each bloc on its part is contributing to the development of Francophone African countries in various...
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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 …
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"globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find … the treatment of endogenous globalization measures. "--World Bank web site …
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