Bibframe Work

"Financial globalization has increased dramatically over the past three decades, particularly different capital control regimes, as well as from a range of persistent factors, including different degrees of institutional quality and domestic financial development. While, in principle, financial globalization should enhance international risk sharing, reduce macroeconomic volatility, and foster economic growth, in practice its effects are less clear-cut. Countries gain or lose from financial integration depending on their domestic economic and institutional conditions. The results in this Occasional Paper are broadly supportive of an approach envisaging a gradual and orderly sequencing of external financial liberalization and emphasizing the desirability of complementary reforms in macroeconomic policy framework and the domestic financial system as essential components of a successful liberalization strategy" -- preface (volume)

Table Of Contents

Overview

Introduction

Some facts on financial globalization

Determinants of financial globalization : a cross-country perspective

Risk-sharing benefits of financial globalization : theory and practice

How does financial globalization affect stability and growth?

Conclusion

Appendixes. I. Country lists. II. Capital control indices. III. Case studies on financial account liberalization

References.

Government Publication Type

International Intergovernmental

Authorized Access Point

Reaping the benefits of financial globalization

Admin Metadata

Generation Process: DLC marc2bibframe2 v2.5.0

Status: changed

Encoding Level: preliminary

Description Conventions: ISBD: International standard bibliographic descriptionProvider-neutral e-resource MARC record guidelinesResource description and access

Identified By: bf:Local, 23235553

Change Date: 2023-07-27T15:39:34

Creation Date: 2009-06-29

Description Language: English

Assigner: United States, Library of Congress

Bibframe Work

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