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Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops in the...

Holding foreign assets reduces the volatility of a country's income by allowing countries to...

This paper attempts to set out the principal issues that need to be resolved in formulating a...

The literature on the benefits and costs of financial globalization for developing countries has...

This paper provides an overview of the uncovered interest parity assumption. It traces the...

We construct estimates of external assets and liabilities for 145 countries for the period...