Why Did Financial Globalization Disappoint?

By Dani Rodrik, Arvind Subramanian. 2009

484 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/7ffdeb64b0a4c07f5e7ef539301296bcc3fc2904

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Citations in the corpus

Assessing Measures of Financial Openness and Integration (2011, methodology): “Various subindices of this data set have been utilized recently in Binici, Hutchison, and Schindler (2010), Prati, Schindler, and Valenzuela (2009) and See Pandya (2011). (8)Presumably, subjectivity is also an issue in the construction of the AREAER Tables, since its compilers must decide on whether”
Financialization in Developing and Emerging Countries (2013, result): “This argument is very similar to the critique of financial globalization made by Rodrik and Subramanian (2009) on the basis of the investmentconstraint versus saving-constraint argument.”
Populism and the economics of globalization (2018, background): “In Rodrik & Subramanian (2009), for example, we explain the poor growth experience of capital-receiving countries by arguing that capital inflows aggravates appropriability problems in tradable sectors by appreciating the real exchange rate and reducing profitability of investment in tradables.”
Financialization and the global economy (2010, methodology): “…the benefits do materialize indirectly (Kose et al 2006) and would show up in the future (Mishkin 2009) or if only more sophisticated methods were used (Henry 2008), the empirical evidence for lack of positive growth effects is rather solid (Rodrik and Suramanian, 2009; earlier: Stiglitz 2000).”
Financial development dynamic thresholds of financial globalization: Evidence from Africa (2012, background): “However, far from clinching the case for capital account liberalization, these studies paint quite a paradoxical and mixed picture (Rodrik & Subramanian, 2009).”
Too Much Finance? (2012, unknown): “Rodrik and Subramanian (2009) also suggest that economists may overemphasize the role of nance in economic development.”
The global financial crisis and sub-Saharan Africa The effects of slowing private capital inflows on growth (2010, background): “This paper examines the controversial link between capital flows and economic growth (see, for example, Rodrik and Subramanian, 2009).”
Too much finance? (2015, unknown): “Rodrik and Subramanian (2009) also suggest that economists may overemphasize the role of finance in economic development.”