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We examine the real and financial integration of East Asian economies, comparing the degree of real versus financial integration, the degree of global versus regional integration, and the extent of integration before versus after the 1997/98 financial crisis in East Asian economies. We analyze...
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opportunity with tail risks. Financial integration and foreign savings supported growth in the EU12 and EU candidate countries. We … contrast, the eastern partnership states did not benefit from the foreign savings-growth link. But financial integration also … ; Capital inflows ; Growth ; Macroprudential policies …
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The ebb and flow of international capital since the nineteenth century illustrates recurring difficulties, as well as the alternative perspectives from which policymakers have tried to confront them. This paper is devoted to documenting these vicissitudes quantitatively and explaining them....
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