Economic and Financial Review


Central Bank of Nigeria


Financial globalization, Developing countries, Nigeria


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





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.

Included in

Economics Commons



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.