Given the ease with which capital flows between countries and the impact such flows can have on countries with weak national financial systems, it is clear that finance is a fundamental dimension of globalization.. However, until a financial crisis erupts, analysts and policy-makers often remain focused on the domestic financial market, overlooking the global impact of their choices. The result is that they behave reactively and belatedly to the pressures from abroad. Globalization and National Financial Systems breaks new ...

Globalization and National Financial Systems 2003, World Bank Publications, Washington, DC

ISBN-13: 9780821352083

Trade paperback