V Absorptive Capacity and Governance in the Benefits/Risks of Globalization
Author: Mr. Ayhan Kose, Mr. Kenneth Rogoff, Mr. Eswar S Prasad, and Shang-Jin Wei1
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
Language:
English
Keywords:
OP; economy; MFI economy; country; capital; reports on standards and codes; developing country government; government transparency; inward FDI; effect of foreign direct investment; Capital inflows; Foreign direct investment; Capital flows; Absorptive capacity; Financial integration; Global

Abstract

There is some evidence of a “threshold effect” in the relationship between financial integration and economic growth. Moreover, there is some preliminary evidence supporting the view that better national governance is associated with lower volatility and enhanced benefits from financial integration.

Cited By

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Other IMF Content

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Cover Effects of Financial Globalization on Developing Countries
Effects of Financial Globalization on Developing Countries
Some Empirical Evidence
Author: Mr. Ayhan Kose, Mr. Kenneth Rogoff, Mr. Eswar S Prasad, and Shang-Jin Wei
ISBN:
9781589062214
ISSN:
0251-6365
Publication Date:
03 Sep 2003
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589062214.084
Pages:
64

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