International Financial Integration and Economic Growth in Developing Countries
Chang, Le (2006) International Financial Integration and Economic Growth in Developing Countries. [Dissertation (University of Nottingham only)] (Unpublished)
Empirical literature is very much divided on whether financial integration has a positive impact on economic growth. Until now, empirical work has not yet found a robust and convincing evidence for the existence of such relationship. As some countries have enjoyed the benefits of financial liberalization after it has been put in place, others have not and/or have even experienced severe crises and recessions during the years after the liberalization.
Actions (Archive Staff Only)