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.
Benefits and Costs of International Financial Integration
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Publisher : World Bank Publications
Total Pages : 68
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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.


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