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Benefits and costs of international financial integration : theory and facts

Author: Pierre-Richard Agénor; World Bank Institute. Economic Policy and Poverty Reduction.
Publisher: Washington, D.C. : World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division, [2001]
Series: Policy research working papers, no. 2699.
Edition/Format:   Print book : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
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.
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Additional Physical Format: Online version:
Agénor, Pierre-Richard.
Benefits and costs of international financial integration.
Washington, D.C. : World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division, [2001]
(OCoLC)647501116
Material Type: Government publication, International government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Pierre-Richard Agénor; World Bank Institute. Economic Policy and Poverty Reduction.
OCLC Number: 48548333
Notes: "October 2001."
Description: 62 pages : illustrations ; 28 cm.
Series Title: Policy research working papers, no. 2699.
Responsibility: Pierre-Richard Agénor.

Abstract:

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.

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