12. Financial Opening: Evidence and Policy Options

Chapters in this book

1. Frontmatter i
2. National Bureau of Economic Research v
3. Relation of the Directors to the Work and Publications of the National Bureau of Economic Research vi
4. Contents ix
5. Acknowledgments xiii
6. Challenges to Globalization: An Overview 1
7. I. The Critics
8. 1. Assessing Globalization’s Critics: “Talkers Are No Good Doers?” 17
9. 2. Globalization and Democracy 63
10. II. Trade Flows and Their Consequences
11. 3. Geography and Export Performance: External Market Access and Internal Supply Capacity 95
12. 4. Globalization and International Commodity Trade with Specific Reference to the West African Cocoa Producers 131
13. 5. Globalization and Dirty Industries: Do Pollution Havens Matter? 167
14. III. Factor Markets: Labor
15. 6. The Role of Globalization in the Within-Industry Shift Away from Unskilled Workers in France 209
16. 7. The Brain Drain: Curse or Boon? A Survey of the Literature 235
17. 8. The Effects of Multinational Production on Wages and Working Conditions in Developing Countries 279
18. IV. Factor Markets: Capital
19. 9. Home- and Host-Country Effects of Foreign Direct Investment 333
20. 10. Competition for Multinational Investment in Developing Countries: Human Capital, Infrastructure, and Market Size 383
21. 11. The Cross-Border Mergers and Acquisitions Wave of the Late 1990s 411
22. V. Macroeconomics
23. 12. Financial Opening: Evidence and Policy Options 473
24. 13. Openness and Growth: What’s the Empirical Relationship? 499
25. Contributors 527
26. Author Index 531
27. Subject Index 539