Effects of Financial Globalization on Developing Countries: Some Empirical Evidence - Couverture souple

Prasad, Eswar

 
9781589062214: Effects of Financial Globalization on Developing Countries: Some Empirical Evidence

Synopsis

This paper reviews recent empirical evidence, including some new research, on the effects of financial globalisation for developing countries. It focuses on three issues: whether financial globalisation promotes economic growth in developing countries; the impact on macroeconomic volatility in these countries; and factors that can help to harness the benefits of financial globalisation.

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