Series: IMF Working Papers
Author(s): Romain Wacziarg , and Athanasios Vamvakidis
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1998
Keywords: Financial integration, emerging markets, correlation, capital mobility, foreign capital, capital inflows, capital markets
The previous literature points to a high correlation between domestic rates of investment and savings among OECD countries. Some take this as evidence of limited financial integration in the industrialized world. T...