NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Financial Globalization: A Reappraisal

M. Ayhan Kose, Eswar Prasad, Kenneth S. Rogoff, Shang-Jin Wei

NBER Working Paper No. 12484
Issued in August 2006

---- Acknowledgements -----

We are grateful for helpful comments from Roger Gordon, referees, seminar participants at the BIS, ECB, HKMA, CEPR, Cornell University, and the University of Houston, where earlier versions of this paper were presented. Lore Aguilar, Cigdem Akin, Dionysios Kaltis and Ashley Taylor provided excellent research assistance. The views expressed in this paper are solely those of the authors and do not necessarily reflect those of the IMF or IMF policy.

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