Financial Globalization and Economic Policies

  title={Financial Globalization and Economic Policies},
  author={Muhammet Kose and Eswar Prasad and Kenneth S. Rogoff and Shang-jin Wei},
Financial Globalization and Economic Policies We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound macroeconomic policies are an important prerequisite for ensuring that financial… CONTINUE READING

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