2006 | OriginalPaper | Buchkapitel
Portfolio Flows, Macroeconomic Policy and Global Poverty
verfasst von : Christian E. Weller, Radha Chaurushiya
Erschienen in: Pro-Poor Macroeconomics
Verlag: Palgrave Macmillan UK
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Globalization has been one of the most pertinent and also most controversial economic forces of recent decades. Often referring to the opening of countries to more capital and trade flows, globalization has been praised as a crucial vehicle for faster growth and rising living standards in developing economies, but also criticized for increasing financial instability in emerging economies.