Chapter 6当代世界经济.pptVIP

Chapter SixFinancial Globalization Key Issues What is financial globalization, and how is financial globalization measured? What is the difference between portfolio capital flows and foreign direct investment, and what role did these capital flows play in the 90s financial crises? What are the benefits of financial globalization and risks of financial globalization? What are the courses of the on-going financial crises? What are the main activities of the International Monetary Fund and the World Bank? What changes in the international financial architecture have economists proposed in rece