Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2007
better risk sharing outcomes during the recent period of globalization. Developing countries have, by and large, been shut …. Developing countries have, by and large, been shut out of this
benefit. The most interesting result is that even emerging market … consumption risk sharing for a large set of industrial and developing
countries. In particular, we make three contributions to …