Developing Countries and the Globalization of Financial Markets

Developing Countries and the Globalization of Financial Markets
This paper analyzes the impact of the globalization of financial markets on developing and transition economies. Differences between the responses of competitive and imperfectly competitive banking sectors cause them to affect economic activity differently. While nonbank financial markets and institutions can help to increase the competitiveness... READ MORE...

Publication date: July 1998
ISBN 9781451852790
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