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This literature review joins with recent studies in arguing that financial integration must be carefully prepared and managed to ensure that the benefits outwei

This paper provides a selective review of the recent analytical and empirical literature on the benefits and costs of international financial integration. It di

In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far ex

Costs and Benefits of Economic Integration in Asia brings together authoritative essays that identify and examine various initiatives to promote economic integr