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Общие вопросы экономики Общие вопросы экономики
Экономическая теория Экономическая теория


Financial Integration and International Risk Sharing. A New Focus on Emerging Markets and Developing Countries

Автор:   Narada L.
мягкая обложка
76 страниц
2010 год
Издательство:   Книга по Требованию
1920 руб
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Описание:A surge in cross-border capital flow and stock of foreign assets and liabilities in recent years signals greater international financial integration. Using a new measure of risk sharing, this book found an indirect impact of financial integration on risk sharing in emerging markets and developing countries that previous studies have failed to quantify. However, most empirical evidence risk sharing has improved only in industrialized economies but not in emerging markets and developing countries. Greater financial integration should improve consumption suggests that risk sharing across countries since countries can trade more nancial assets to smooth their consumptions. Moreover, financial integration is found to exhibit decreasing returns to scale.

Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка

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