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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.
Publish Date
2001
Language
English
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Benefits and costs of international financial integration: theory and facts
2001, World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division
Electronic resource
in English
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Book Details
Edition Notes
Also available in print.
Includes bibliographical references (p. 37-41).
Title from the title screen as viewed on Aug. 24, 2002.
"October 2001."
Mode of access: World Wide Web.
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March 17, 2010 | Edited by WorkBot | update details |
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