...Matiur Rahman; Muhammad Mustafa; Lonnie Turpin Purpose This paper aims to empirically explore the effects of globalization, corruption perception, political stability, macroeconomic vulnerability and gross domestic savings on illicit financial outflows of 60 developing countries from 2004 to 2013...

...William R. Clark; Mark Hallerberg; Manfred Keil; Thomas D. Willett Purpose The purpose of this paper is to review concepts and measurements related to financial globalization such as financial openness, financial integration, monetary interdependence, and the mobility and movement of capital...

...Dilip K. Das Purpose The objective of this paper is to provide a macroeconomic assessment of the impact of global financial integration over the economies that are undergoing financial integration. Design/methodology/approach The paper focuses on several issues. It begins with examining...

...Wei‐Bin Zhang Purpose The purpose of this paper is to examine global monetary economic growth with free trade. It develops a multi‐country monetary growth model with capital accumulation to provide some insights into complexity of economic globalization with free trade and financial markets...