Adler, Gustavo; Mora, Camilo Ernesto Tovar - International Monetary Fund (IMF) - 2012
fundamentals offset increasing financial integration? If so, what fundamentals matter most? We address these questions by examining …Over the past two decades, most emerging market economies witnessed two key developments. A marked process of financial … integration with the rest of the world, arguably turning these economies more vulnerable to global financial shocks; and an …