haku: @author Maxfield, S. / yhteensä: 2
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| Tekijä: | Haggard, S. Maxfield, S. |
| Otsikko: | The political economy of financial internationalization in the developing world |
| Lehti: | International Organization
1996 : WINTER, VOL. 50:1, p. 35-68 |
| Asiasana: | DEVELOPMENT POLITICAL ECONOMY INTERNATIONALIZATION |
| Kieli: | eng |
| Tiivistelmä: | In the last decade a growing number of developing countries have opened their financial systems by liberalizing capital flows and the rules governing the international operations of financial intermediaries. One explanation of this rush toward greater financial internationalization is that increasing interdependence generates domestic and foreign political pressures for capital account liberalization. While the authors find evidence for this hypothesis, they find that the proximate cause in developing countries more frequently is found in balance of payments crises. |
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