| 000 -LEADER |
|---|
| fixed length control field |
01400pab a2200181 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
180718b2003 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Prasad, Eswar et al. |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Effects of financial globalization on developing countries: some empirical evidence |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
2003 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.17-20. |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
|---|
| Dates of publication and/or sequential designation |
22 Mar |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
There has been considerable debate on the relationship between financial development and economic development. While the debate continues, attempts have been made, with the full support of multilateral institutions, to liberalise the financial sector of developing countries. One of the main objectives and responses has been with respect to attracting portfolio capital flows to the so-called emerging markets. Changes were rushed through with hardly any ground work being done. We give in the following the main observations of a recent study by the International Monetary Fund (IMF) which looked at the financial sector changes on developing countries. Interestingly, now IMF cautions the developing countries that "financial integration should be approached cautiously, with good institutions and macroeconomic frameworks viewed as important". - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Globalization - Developing countries |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Financial administration - Developing countries |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Financial administration |
| 773 ## - HOST ITEM ENTRY |
|---|
| Main entry heading |
Young Indian |
| 909 ## - |
|---|
| -- |
55952 |
