In essay form, refer to, "Financial Globalization: A Reappraisal" written by M. AYHAN KOSE, ESWAR PRASAD, KENNETH ROGOFF, and SHANG-JIN WEI, to explain financial globalization as the integration of financial markets and systems across countries, leading to increased cross-border capital flows and financial interconnectedness. Discuss, according to the readings, why some economists argue for financial globalization including capital market liberalization and some argue against it. In other words, discuss how increased global economic integration and financial interconnectedness have potentially both positive and negative implications