Benefits and costs of international financial integration
Subtitle: theory and facts
By: Pierre-Richard Agénor.
Contributors: World Bank Institute. Economic Policy and Poverty Reduction.
Series: Policy research working paper ;; 2699; Policy research working papers (Online) ;; 2699.
Publisher: World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division
Published: 2001
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: International finance.; International economic integration.; Investments, Foreign -- Economic aspects.; Economic development.; Capital movements.
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.
Notes: Also available in print.
Includes bibliographical references (p. 37-41).
Title from the title screen as viewed on Aug. 24, 2002.
"October 2001."
Mode of access: World Wide Web.