Benefits and costs of international financial integration theory and facts

This literature review joins with recent studies in arguing that financial integration must be carefully prepared and managed to ensure that the benefits outweigh the short-run risks. But in contrast with some other studies, it adopts a more skeptical view of the benefits of capital flows other than...

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Bibliographic Details
Main Author: Agénor, Pierre-Richard
Corporate Author: World Bank Institute Economic Policy and Poverty Reduction
Format: eBook
Language:English
Published: Washington, D.C World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division 2001
Series:Policy research working paper
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Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:This literature review joins with recent studies in arguing that financial integration must be carefully prepared and managed to ensure that the benefits outweigh the short-run risks. But in contrast with some other studies, it adopts a more skeptical view of the benefits of capital flows other than foreign direct investment
Item Description:"October 2001. - Includes bibliographical references (p. 37-41). - Title from the title screen as viewed on Aug. 24, 2002