Benefits and Costs of International Financial Integration

Benefits and Costs of International Financial Integration PDF Author: Pierre-Richard Agénor
Publisher: World Bank Publications
ISBN:
Category : Capital movements
Languages : en
Pages : 68

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Book Description
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.