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 instit...

Full description

Bibliographic Details
Main Author: Knight, Malcolm
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/105
Online Access:Full text available on IMF