
Developing Countries and the Globalization of Financial Markets »
Journal Issue
Volume/Issue: 1998/105
Series: IMF Working Papers
Author(s): Malcolm Knight
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 1998
DOI: http://dx.doi.org/10.5089/9781451852790.001
ISBN: 9781451852790
Keywords: Capital flows, developing and transition economies, banking, financial markets, supervision, international cooperation, financial system, banking sector, financial systems
This paper analyzes the impact of the globalization of financial markets on developing and transition economies. Differences between the responses of competitive and imperfectly competitive banking sectors cause th...