Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962345 | Journal of International Economics | 2013 | 17 Pages |
Abstract
⺠Financial integration raised industry growth differentials in Emerging Europe. ⺠There is no such effect for other developing or advanced countries. ⺠Political integration with more advanced countries explains this difference. ⺠Political integration raised expectations of better institutions in the future. ⺠Financial and political integration are complementary.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Christian Friedrich, Isabel Schnabel, Jeromin Zettelmeyer,