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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Dettagli Bibliografici
Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1989.
Serie:IMF Working Papers; Working Paper ; No. 1989/102
Accesso online:Full text available on IMF