Hidden Bibliographic Details
| Varying Form of Title: | Benefits of financial globalization
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| Other authors / contributors: | Dell'Ariccia, Giovanni, author.
International Monetary Fund.
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| ISBN: | 1589067487
9781589067486
9781452750330
1452750335
1451944349
9781451944341
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| Notes: | Includes bibliographical references (pages 33-35).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | "Financial globalization has increased dramatically over the past three decades, particularly different capital control regimes, as well as from a range of persistent factors, including different degrees of institutional quality and domestic financial development. While, in principle, financial globalization should enhance international risk sharing, reduce macroeconomic volatility, and foster economic growth, in practice its effects are less clear-cut. Countries gain or lose from financial integration depending on their domestic economic and institutional conditions. The results in this Occasional Paper are broadly supportive of an approach envisaging a gradual and orderly sequencing of external financial liberalization and emphasizing the desirability of complementary reforms in macroeconomic policy framework and the domestic financial system as essential components of a successful liberalization strategy"--Preface (v.).
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| Other form: | Print version: Dell'Ariccia, Giovanni. Reaping the Benefits of Financial Globalization. Washington : International Monetary Fund, ©2008 9781589067486
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