漫谈金融全球化教学提纲.pptVIP

漫谈金融全球化;;;Turkey;Benefits of Financial Integration: Theory;Benefits of Financial Integration: Theory;;;Growth Benefits of Financial Integration: Evidence;;;The composition hypothesis;Volatility of (FDI/GDP) and (Loan/GDP) (1980-2003, Measured by Standard Deviation);Volatility of (FDI/GDP) and (Loan/GDP) (1980-2003, Measured by Coefficient of Variation);;;;;;腐败的工具变量: 殖民成本 initial mortality of European colonizers 殖民过程代价高, 政权掠夺又残暴; 殖民容易象过桥, 民众财产有担保. 谁先想出? Acemoglu, Johnson Robinson 例子: 非洲 与 澳洲 墨西哥 与 加拿大 ;金融体制的工具变量: 法律体系的渊源 (legal origin) 英美式的法律体系更多保护股权人债权人利益 英美common law, 制约百姓也限当权; 法西civil la