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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 …
Persistent link: https://www.econbiz.de/10003816538
liberalization, is only a necessary condition for financial globalization, however. The sufficient condition is the creation of world …This paper attempts to define financial globalization as a process whereby financial markets internationally are …
Persistent link: https://www.econbiz.de/10014073890
This paper examines how the 1990s capital account liberalization policy trend affected international capital flows, and tests a new hypothesis that the depth and efficiency of the domestic financial system impacts the efficacy of capital account policy. The paper exploits a recently published...
Persistent link: https://www.econbiz.de/10011817183
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …
Persistent link: https://www.econbiz.de/10003831857
This paper examines how the 1990s capital account liberalization policy trend affected international capital flows, and tests a new hypothesis that the depth and efficiency of the domestic financial system impacts the efficacy of capital account policy. The paper exploits a recently published...
Persistent link: https://www.econbiz.de/10012897462
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 inherent tensions in evaluating the risks and benefits associated with financial globalization. In the light of these …
Persistent link: https://www.econbiz.de/10014025737
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …
Persistent link: https://www.econbiz.de/10013160313
globalization and income inequality, sample restriction to pre-crisis period and residual heteroskedasticity. Moreover, it is …
Persistent link: https://www.econbiz.de/10012845425
This paper intends to approach the financial market regulation and its prospects of evolution. It will first identify the meaning of financial regulation from a global approach. Then, it will discuss the cornerstones of regulation and its main characteristics, including regulatory organizations....
Persistent link: https://www.econbiz.de/10013088932
We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi trading during this period is different from the one between 2013 and 2016. The geographical diffusion process displayed in the 2016-2019 period, in addition to the previously...
Persistent link: https://www.econbiz.de/10012232928