| Autor: |
Barry Eichengreen, Balazs Csonto, Asmaa El-Ganainy, Zsoka Koczan |
| Rok vydání: |
2021 |
| Předmět: |
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| Zdroj: |
IMF Working Papers. 21 |
| ISSN: |
1018-5941 |
| DOI: |
10.5089/9781513566382.001 |
| Popis: |
We review the debate on the association of financial globalization with inequality. We show that the within-country distributional impact of capital account liberalization is context specific and that different types of flows have different distributional effects. Their overall impact depends on the composition of capital flows, their interaction, and on broader economic and institutional conditions. A comprehensive set of policies – macroeconomic, financial and labor- and product-market specific – is important for facilitating wider sharing of the benefits of financial globalization. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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