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ABSTRACT. Andersen and Moreno claim that financial integration has been evident in frequently high correlations between asset yields or prices. Mohanty and Scatigna discuss the choice of exchange rate regime in the context of greater global financial integration, review recent movements of exchange rates. Hawkins discusses the influence of globalization on operating procedures. Mihaljek discusses two complications for domestic monetary policy stemming from greater international integration of the emerging market economies.

 

DAN-RADU RUSANU
 
 
 

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