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...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Agénor, Pierre-Richard 1957- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division 2001
Schriftenreihe:Policy research working paper 2699
Schlagworte:
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Volltext
Zusammenfassung: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
Beschreibung:"October 2001. - Includes bibliographical references (p. 37-41). - Title from the title screen as viewed on Aug. 24, 2002
Erscheinungsjahr in Vorlageform:[2001]
Beschreibung:1 Online-Ressource