Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Net (private) financial inflows to the US in q1 2007: $466b Net (private) ...

Does globalization enhance resilience? Or does it have no effect? Or the opposite effect? For the two major economic disruptions so far this century—the global financial crisis starting in 2008 and ...

At a two-day Research Department conference on financial globalization, prominent researchers inside and outside the Fund discussed their latest work on the macroeconomic implications of financial ...

Sovereign wealth funds (SWFs) are saving funds controlled by sovereign governments that hold and manage foreign assets. Private analysts put current sovereign wealth fund assets in the range of $1.5 ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The financial world has changed -- even if the scale of the change isn’t obvious ...

Globalism — the free flow of money, people and goods — has made the world a heck of a lot richer over the past several decades. But it’s always been subject to some threat or other. In recent years, ...

In spite of two decades of financial globalization, consumption-based indicators do not seem to signal more international risk sharing. We argue that the fraction of idiosyncratic consumption risk ...

Aftershocks from the global financial crisis have sharply reduced cross-border capital flows, as lenders, especially in Europe, have focused on domestic markets. But this retrenchment has, ...

The modern monetary system, built on fiat money, has weak foundations similar to the Leaning Tower of Pisa, risking economic instability and collapse. Historical debasement practices, like those of ...

Financial integration of countries and financial globalization led to an extraordinary rise of foreign assets and liabilities as a share of GDP.....followed by stability of total flows since the ...

Financial Globalization and Stability The reduction in overseas lending by European banks over the last 10 years has put the global financial system on a more solid footing, and better placed to ...