The Evidence And Impact Of Financial Globalization
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The sharp realities of financial globalization become clear during crises, when winners and losers emerge. Crises usher in short- and long-term changes to the s
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We take a fresh look at the aggregate and distributional effects of policies to liberalize international capital flows—financial globalization. Both country-
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De la Torre, Levy Yeyati, and Schmukler present a framework to analyze financial globalization. They argue that financial globalization needs to take into accou