Financial integration of countries and financial globalization led to an extraordinary rise of foreign assets and liabilities as a share of GDP.....followed by stability of total flows since the ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. At least for the US. And I would bet globally as well, though global financial ...

This Economic Letter is adapted from a speech by Mark Spiegel, Vice President and Director of the Center for Pacific Basin Studies, delivered at the Bank of Korea’s 15th annual Central Banking Seminar ...

Thank you for inviting me to speak here this afternoon. It is a pleasure and a privilege to address this conference. These proceedings are focused on some of the most pressing and pertinent financial ...

Financial globalization is here to stay and all countries, essentially, are affected by it to varying degrees. Advanced countries have seen the most rapid increases in financial flows over the past ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The financial world has changed -- even if the scale of the change isn’t obvious ...

Following within a decade of the Asian financial crisis, the recent global financial crisis has revived the debate over the merits of openness to foreign finance, especially for developing countries.

ZURICH—The head of the Bank for International Settlements warned Tuesday of “a clear and present risk” of a political backlash against global finance, though at this point any retreat from financial ...

Globalism — the free flow of money, people and goods — has made the world a heck of a lot richer over the past several decades. But it’s always been subject to some threat or other. In recent years, ...

The literature appears to have reached a consensus that financial globalization has had a "disciplining effect" on monetary policy, as it has reduced the returns from–and hence the temptation ...