000			01260nam a22001577a 4500
999			_c515418 _d515418
008			210127b ||||| |||| 00| 0 eng d
100			_aBhanumurthy, N.R. and Kumawat, Lokendra _923939
245			_aFinancial globalization and economic growth in South Asia
260			_aSouth Asia Economic Journal
300			_a21(1), Mar, 2020: p.31-57
520			_aThe article examines relationship between financial globalization and economic growth in South Asian countries namely Bhutan, Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka. Following the framework of Bekaert et al. (2005) and with the help of Panel VAR and Panel causality (in GMM framework) models the study concludes that the causation from financial globalization to growth in the region appears to be weak. There appears reverse causation running from growth to financial globalization. We found that domestic macroeconomic policies such as fiscal prudence act as pull factors for foreign capital. The article has some interesting results at individual country level-Reproduced
650			_aFinancial globalization, Economic growth, Capital flows, South Asia, Panel VAR _920915
773			_aSouth Asia Economic Journal
906			_aECONOMIC GROWTH - SOUTH ASIA
942			_cAR