Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - Center for Pacific Basin Monetary and Economic Studies, … - 2004
context of globalization—a term typically used to describe the phenomenon of growing international trade and financial … and volatility has been preserved during the 1990s, both trade and financial integration attenuate this negative … relationship. Specifically, countries that are more open to trade appear to face a less severe tradeoff between growth and …