ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Effects of Financial Globalisation on Developing Countries

The main purpose of this paper is to provide an assessment of empirical evidence on the effects of financial globalisation for developing economies, focusing on three related questions: (i) does financial globalisation promote economic growth in developing countries? (ii) what is its impact on macroeconomic volatility in these countries? and (iii) what are the factors that appear to help harness the benefits of financial globalisation?

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