Bank Fragility and International Capital Mobility /
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 sector and imperfect capital mobility is developed. Increased international integration...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1999.
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Series: | IMF Working Papers; Working Paper ;
No. 1999/113 |
Online Access: | Full text available on IMF |