Domestic institutions and the bypass effect of financial globalization

This paper proposes a simple model to study the relationship between domestic institutions - financial system, corporate governance, and property rights protection - and patterns of international capital flows. It studies conditions under which financial globalization can be a substitute for reforms...

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Bibliographische Detailangaben
1. Verfasser: Ju, Jiandong (VerfasserIn)
Weitere Verfasser: Wei, Shang-jin (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Cambridge, Mass. National Bureau of Economic Research 2007
Schriftenreihe:NBER working paper series 13148
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