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Martin Feldstein
NBER Working Paper No. 7899
Issued in September 2000
NBER Program(s): IFM
ITI
---- Abstract -----
This paper comments on five aspects of globalization: (1) the gains from international flows of goods and capital; (2) the role of foreign direct investment and reasons for its increase; (3) the preventions and management of currency crises; (4) the fluctuation of relative currency values; and (5) the segmentation of global capital market.
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