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...
Autor Corporativo: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
1989.
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Series: | IMF Working Papers; Working Paper ;
No. 1989/102 |
Acceso en liña: | Full text available on IMF |