The purpose of this research is to examine the international insertion of Brazilian banking system, in comparison with the South Korean and Mexican experiences. Since the second half of the 1990s, these countries deepened the financial integration between their economies and international...

This paper assesses the effects of the international financial liberalization on the economic growth and social welfare of developed and developing countries by surveying the related theoretical and empirical literature. It covers initially the traditional neoclassical growth model and some...