In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks ……続きを見る
The maturity structure of debt can have financial and real consequences. Short-term debt exposes borrowers to rollover risk (where the terms of financing are renegotiated to the detriment of the bor……続きを見る
"Emerging Market Economies and Financial Globalization” offers a comparative analysis of the capital account liberalization process and the variety of policy responses generated among a reduced grou……続きを見る
"Emerging Market Economies and Financial Globalization” offers a comparative analysis of the capital account liberalization process and the variety of policy responses generated among a reduced grou……続きを見る
