Effect of financial globalization on developing countries: some empirical evidence by Eswar S. Prasad et al - a review.

Authors

Margaret Johnson-Hilili, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Financial globalization, Developing countries, Nigeria

Abstract

A review of the paper "Effect of Financial Globalization on Developing Countries: Some Empirical Evidence" by Eswar S. Prasad. This paper provides an assessment of empirical evidence on the effect of financial globalization on developing economies. The authors used dejure restrictions on capital flows and actual capital flows across national borders in measuring the extent of a country's financial integration with the global economy.

Author Bio

Hilili is an Assistant Economist in the Research and Statistics Department of the Central Bank of Nigeria, Abuja.

Publication Title

CBN Economic and Financial Review

Issue

2

Volume

45

Recommended Citation

Johnson-Hilili, M. (2007). Effect of financial globalization on developing countries: some empirical evidence by Eswar Sprasad et al - a review. CBN Economic and Financial Review, 45(2), 107-113.