Benefits and Costs of International Financial Integration

Benefits and Costs of International Financial Integration
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Publisher : World Bank Publications
Total Pages : 68
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ISBN-13 :
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Book Synopsis Benefits and Costs of International Financial Integration by : Pierre-Richard Agénor

Download or read book Benefits and Costs of International Financial Integration 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. 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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