Can Countries Manage Their Financial Conditions Amid Globalization? /

This paper examines the evolving importance of common global components underlying domestic financial conditions. It develops financial conditions indices (FCIs) that make it possible to compare a large set of advanced and emerging market economies. It finds that a common component, 'global fin...

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Bibliographic Details
Main Author: Arregui, Nicolas
Other Authors: Elekdag, Selim, Gelos, R., Lafarguette, Romain
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/015
Online Access:Full text available on IMF