Benefits and Costs of International Financial Integration
Download or Read eBook Benefits and Costs of International Financial Integration PDF written by Pierre-Richard Agénor and published by World Bank Publications. This book was released on 2001 with total page 68 pages. Available in PDF, EPUB and Kindle.
Author | : Pierre-Richard Agénor |
Publisher | : World Bank Publications |
Total Pages | : 68 |
Release | : 2001 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Book Synopsis Benefits and Costs of International Financial Integration by : Pierre-Richard Agénor
Book excerpt: 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.