Arbeitspapier
International Initiatives to Bring Stability to Financial Integration
Financial liberalization and integration have generated disappointing results. They were supposed to set up a win-win situation: capital would flow from capital-abundant, low-return, aging industrial countries to capital-scarce, high-return, young emerging countries. Growth in receiving countries would accelerate and both giver and receiver would be happier, while everyone`s diversification opportunities improved. As a bonus, emerging market policymakers would be disciplined by losing access to a captive local financial market.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 402
- Classification
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Wirtschaft
- Subject
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Marktintegration
Internationales Währungssystem
Internationale Zusammenarbeit
Theorie
Finanzkrise
- Event
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Geistige Schöpfung
- (who)
-
Fernández-Arias, Eduardo
Hausmann, Ricardo
- Event
-
Veröffentlichung
- (who)
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Inter-American Development Bank, Office of the Chief Economist
- (where)
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Washington, DC
- (when)
-
1999
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Fernández-Arias, Eduardo
- Hausmann, Ricardo
- Inter-American Development Bank, Office of the Chief Economist
Time of origin
- 1999