Saving, Investment, Financial Integration, and the Balance of Payments.

This paper examines the extent of international financial integration, and its consequences for the current account. The evidence indicates that financial liberalization in the 1970s and 1980s has resulted in a substantial movement towards closer integration of world capital markets. By reducing con...

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Autor corporatiu: International Monetary Fund
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1989.
Col·lecció:IMF Working Papers; Working Paper ; No. 1989/102
Accés en línia:Full text available on IMF