Can Countries Manage Their Financial Conditions Amid Globalization?

Can Countries Manage Their Financial Conditions Amid Globalization?
This paper examines the evolving importance of common global components underlying domestic financial conditions. It develops financial conditions indices (FCIs) that make it possible to compare a large set of advanced and emerging market economies. It finds that a common component, “global financial conditions,” accounts for about 20 percent... READ MORE...

Publication date: January 2018
ISBN 9781484338612
$18.00

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