Ayhan Kose, M.; Prasad, Eswar S.; Taylor, Ashley D. - In: Journal of International Money and Finance 30 (2011) 1, pp. 147-179
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....