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J Af Eco 2003; 12:73-119
© 2003 Centre for the Study of African Economies

Article

Risk and Reward of Embracing Globalisation: The Governance Factor

Shang-Jin Wei

Brookings Institution and International Monetary Fund

Abstract

Economic globalisation offers opportunities for higher growth rate but also contains risks for higher volatility. Improvement in domestic public governance can help to enhance the benefits and to better manage the risks.


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