金融安全、全球化与经济增长：来自发展中国家的经验

本文考察发展中国家金融安全和全球化对其经济增长的影响机制，利用71个发展中国家1998至2005年的面板数据，对增长模型进行估计和分析。结果表明，发展中国家的经济增长存在条件趋同，且同时存在新古典增长理论和新增长理论的趋同机制。拥有较高金融安全水平的发展中国家，全球化有利于其经济发展；金融安全水平较低、国内金融环境不稳定的国家，却不能因为全球化程度的深化而受益。

Financial Security, Globalization and Growth: Evidence from Developing Countries

This paper presents a thorough study on the mechanism of financial security and globalization's effect on growth by using panel data of 71 developing countries during 1998 and 2005. The estimation shows that there is a conditional convergence of growth among the developing countries of the sample. The mechanism of the convergence is explained by both the classical growth theory and the new growth theory. Financial security and globalization shed a special effect on growth: Globalization have a positive effe...