Database of publications / Financial globalisation: a reappraisal

This paper provides a conceptual framework for organising the vast literature about the costs and benefits of financial globalization. The paper argues that indirect investors also have a positive impact on regulation and economic management, for example by pressing for legal protection and transparency when they hold minority shares in public companies. Authors: Kose, M.A.; Prasad, E; .Rogoff, K.; Wei, S. Produced by: International Monetary Fund (IMF) Working Papers (2006)

http://www.eldis.org/cf/rdr/rdr.cfm?doc=DOC23385