Benefits and Risks of Financial Globalization : Challenges for Developing Countries
This paper discusses the benefits and risks that financial globalization entails for developing countries. Financial globalization can lead to large benefits, particularly to the development of the financial system. But financial globalization can also come with crises and contagion. The net effe...
Main Author: | |
---|---|
Format: | Journal Article |
Language: | en_US |
Published: |
Federal Reserve Bank of Atlanta
2013
|
Subjects: | |
Online Access: | http://hdl.handle.net/10986/16311 |