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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Format: | eBook |
Language: | English |
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Washington, D.C
World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division
2001
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Series: | Policy research working paper
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Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
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 |
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Item Description: | "October 2001. - Includes bibliographical references (p. 37-41). - Title from the title screen as viewed on Aug. 24, 2002 |