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Global and regional financial integration: progress in emerging markets

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  • Alicia Garcia-Herrero
  • Philip Wooldridge

Abstract

In recent years efforts have been made to deepen financial links between emerging markets within individual regions. Such regional financial integration lags the integration of emerging markets with global markets, but authorities in Asia in particular are taking steps to accelerate the process.

Suggested Citation

  • Alicia Garcia-Herrero & Philip Wooldridge, 2007. "Global and regional financial integration: progress in emerging markets," BIS Quarterly Review, Bank for International Settlements, September.
    • Handle: RePEc:bis:bisqtr:0709g
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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