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9780123978745

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This volume provides authoritative non-technical coverage of key topics related to the globalization of financial activities and institutions, with particular and up-to-date analyses of international financial crises. --Josef Brada, Arizona State University The Evidence and Impact of Financial Globalization is a collection of essays written by major specialists in each specific field of globalization, ranging from aid, foreign investment and migration to exchange rates, international government debt and financial crisis. Its 50 chapters investigate the various aspects of globalization, their determinants and impact both in abstract terms and with reference to specific countries and regions. It is an essential companion for those that want to up-date and improve their knowledge of the impressive significance acquired by financial globalization in the last two or three decades. --Nicola Acocella, Universita degli Studi di Roma La Sapienza

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Gerard Caprio is William Brough Professor of Economics and Chair, Center for Development Economics at Williams College. He has served as the Head of Financial Sector Policy at The World Bank and Vice President and Head of Global Economics at J.P. Morgan.

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