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Asian Development Bank Institute (ADBI), Tokyo >
ADBI Working Paper Series, Asian Development Bank Institute >
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http://hdl.handle.net/10419/53614
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| Title: | | Lessons of the crisis for emerging markets  |
| Authors: | | Eichengreen, Barry |
| Issue Date: | | 2009 |
| Series/Report no.: | | ADBI working paper series 179 |
| Abstract: | | This paper attempts to draw out the implication of the financial crisis for emerging markets. The most important implications will center on financial markets, where there will be less reliance on portfolio capital flows to finance investment and some deglobalization of banking so that the domain of bank operations more closely coincides with the domain of regulation. By contrast, the implications for other dimensions of globalization and for the structure of the international monetary system will be more limited. |
| JEL: | | F0 F3 |
| Document Type: | | Working Paper |
| Appears in Collections: | | ADBI Working Paper Series, Asian Development Bank Institute
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