Saving, Investment, Financial Integration, and the Balance of Payments

This paper examines the extent of international financial integration, and its consequences for the current account. The evidence indicates that financial liberalization in the 1970s and 1980s has resulted in a substantial movement towards closer integration of world capital markets. By reducing constraints on international capital flows, this movement makes the current account more of a residual factor in agents` decisions

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Year of publication:	[2006]
Authors:	Artis, Michael J.
Other Persons:	Bayoumi, Tamim A. (contributor)
Publisher:	[2006]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (40 p)
Series:	IMF Working Paper, Vol. , pp. 1-37, 1989
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 14, 1989 erstellt
Other identifiers:	10.2139/ssrn.885100 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012780897