Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/53614 
Year of Publication: 
2009
Series/Report no.: 
ADBI Working Paper No. 179
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
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

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