Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - Institute for the Study of Labor (IZA) - 2009
We review the large literature on various economic policies that could help developing economies effectively manage the … process of financial globalization. Our central findings indicate that policies promoting financial sector development … macroeconomic policies are an important prerequisite for ensuring that financial integration is beneficial. However, our analysis …