Financial globalization has gathered attention since the early 1990s because of its macro-financial implications and growing importance. But financial globalization has taken shape via different forms over time. This paper examines two important, concurrent dimensions of financial globalization: diversification and offshoring. The diversification dimension refers to the increase in foreign assets and liabilities in countries' portfolios. Offshoring...
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INFORMATION
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2012/06/01
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Document de travail de recherche sur les politiques
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WPS6105
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1
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1
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2012/06/01
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Disclosed
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Financial globalization in emerging countries : diversification vs. offshoring
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emerging country
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