Series: IMF Working Papers
Author(s): Enrica Detragiache
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 1999
Keywords: Capital Mobility, Banking Crises, foreign asset, banking, bank runs, international integration, bank run
The paper examines the effects of increased financial integration on the economy and, specifically, the welfare of depositors and the business sector. A simple model of a small open economy with a fragile banking s...