International Finance and Income Convergence: Europe is Different photograph

International Finance And Income Convergence: Europe Is Different

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Originally published March 2007
Authors Abdul Abiad
Ashoka Mody
Daniel Leigh
Date of Reg.
Date of Upd.
ID2180255
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About International Finance And Income Convergence: Europe Is Different


Recent studies conclude that the ongoing global financial integration may have had little or no value in advancing economic growth, especially in poor countries. Capital is often found to flow "uphill" from poor to rich countries. . . .

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