Footnote:
"October 2001
Includes bibliographical references (p. 37-41)
Title from the title screen as viewed on Aug. 24, 2002
Description:
This literature review joins with recent studies in arguing that financial integration must be carefully prepared and managed to ensure that the benefits outweigh the short-run risks. But in contrast with some other studies, it adopts a more skeptical view of the benefits of capital flows other than foreign direct investment