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Chapter 9. Reaping the Benefits of Financial Globalization

Chapter 9. Reaping the Benefits of Financial Globalization »

Source: Macrofinancial Linkages : Trends, Crises, and Policies

Series: Books

Author(s): Christopher Crowe , Simon Johnson , Jonathan Ostry , and Jeronimo Zettelmeyer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 August 2010

ISBN: 9781589069398

Keywords: financial integration, financial liberalization, corporate governance, financial globalization, banking crises

9.1. Introduction Financial globalization—defined as the extent to which countries are linked through cross-border financial holdings, and proxied in this chapter by the sum of count...

What is Behind Latin America’s Declining Income Inequality?*

What is Behind Latin America’s Declining Income Inequality?* »

Source: What is Behind Latin America's Declining Income Inequality?

Volume/Issue: 2014/124

Series: IMF Working Papers

Author(s): Evridiki Tsounta , and Anayochukwu Osueke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2014

ISBN: 9781498378581

Keywords: Gini, emerging economies, Kuznets, gini coefficient, kuznets curve, declining inequality, Personal Income and Wealth Distribution, Equity, Justice, Inequality

Income inequality in Latin America has declined during the last decade, in contrast to the experience in many other emerging and developed regions. However, Latin America remains the most unequal region in the worl...