Effects of Financial Globalization on Developing Countries

Effects of Financial Globalization on Developing Countries
Author :
Publisher : International Monetary Fund
Total Pages : 68
Release :
ISBN-10 : 1589062213
ISBN-13 : 9781589062214
Rating : 4/5 (214 Downloads)

Book Synopsis Effects of Financial Globalization on Developing Countries by : Mr.Ayhan Kose

Download or read book Effects of Financial Globalization on Developing Countries written by Mr.Ayhan Kose and published by International Monetary Fund. This book was released on 2003-09-03 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust causal relationship between financial integration and economic growth; (2) contrary to theoretical predictions, financial integration appears to be associated with increases in consumption volatility (both in absolute terms and relative to income volatility) in many developing countries; and (3) there appear to be threshold effects in both of these relationships, which may be related to absorptive capacity. Some recent evidence suggests that sound macroeconomic frameworks and, in particular, good governance are both quantitatively and qualitatively important in affecting developing countries’ experiences with financial globalization.


Effects of Financial Globalization on Developing Countries Related Books

Development Centre Studies The Making of Global Finance 1880-1913
Language: en
Pages: 148
Authors: Flandreau Marc
Categories:
Type: BOOK - Published: 2009-10-30 - Publisher: OECD Publishing

DOWNLOAD EBOOK

This book traces the roots of global financial integration in the first “modern” era of globalisation from 1880 to 1913 and can serve as a valuable tool to
Effects of Financial Globalization on Developing Countries
Language: en
Pages: 68
Authors: Mr.Ayhan Kose
Categories: Business & Economics
Type: BOOK - Published: 2003-09-03 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empir
The Evidence and Impact of Financial Globalization
Language: en
Pages: 807
Authors:
Categories: Business & Economics
Type: BOOK - Published: 2012-12-31 - Publisher: Academic Press

DOWNLOAD EBOOK

The sharp realities of financial globalization become clear during crises, when winners and losers emerge. Crises usher in short- and long-term changes to the s
The Next Great Globalization
Language: en
Pages: 321
Authors: Frederic S. Mishkin
Categories: Business & Economics
Type: BOOK - Published: 2009-10-08 - Publisher: Princeton University Press

DOWNLOAD EBOOK

Many prominent critics regard the international financial system as the dark side of globalization, threatening disadvantaged nations near and far. But in The N
From Global to Local
Language: en
Pages: 226
Authors: Finbarr Livesey
Categories: Business & Economics
Type: BOOK - Published: 2017-09-19 - Publisher: Vintage

DOWNLOAD EBOOK

This brilliantly original book dismantles the underlying assumptions that drive the decisions made by companies and governments throughout the world, to show th