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Introduction -- The global economy and external imbalances -- Global imbalances and exchange rates -- External imbalances and national income -- International capital mobility and national income -- External imbalances, exchange rates, and interest rates -- Money, exchange rates, and the balance...
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process of financial globalization. Our central findings indicate that policies promoting financial sector development …, institutional quality and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound … unavoidable tensions inherent in evaluating the risks and benefits associated with financial globalization. In light of these …
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whether financial globalization has helped induce governments to pursue better macroeconomic policies (the quot … find strong and robust causal evidence. There is some evidence that financial globalization may have induced countries to …
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span the whole spectrum between the World Economic Forum in Davos and the World Social Forum in Porto Allegro. Anti-globalization … movements are to be found almost everywhere around the globe both North and South. This indicates clearly that globalization has …, oppose it. We are not concerned here with public (popular) action related to globalization. Our interest is rather in the …
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fierce debate about the merits of financial globalization and its effects on growth and stability, especially for emerging …The global financial crisis serves as a reminder of the risks of financial globalization. After grappling with surges … implications for the debate on financial globalization. Nevertheless, there are two preliminary observations that are pertinent …
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