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The paper explores the potential of international risk sharing for emerging markets, focusing on financial integration and liberalization. It examines the incentives provided by financial integration and how they can benefit emerging market economies through enhanced risk sharing. Additionally, the study investigates the impact of significant foreign capital inflows on risk sharing, assessing whether these inflows yield positive effects for these economies.
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International Risk Sharing and Gains from Financial Globalization, Julian Fischer
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- 2017
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