Capital Account Liberalization and Economic Performance : Survey and Synthesis /

This paper reviews and discusses issues involved in assessing the relationship between capital account liberalization and economic performance. First, it discusses the different measures of restrictions used in the literature. Second, it reviews the literature on the relationship between growth and...

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Dades bibliogràfiques
Autor principal: Sloek, Torsten
Altres autors: Edison, Hali, Klein, Michael, Ricci, Luca
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2002.
Col·lecció:IMF Working Papers; Working Paper ; No. 2002/120
Accés en línia:Full text available on IMF
Descripció
Sumari:This paper reviews and discusses issues involved in assessing the relationship between capital account liberalization and economic performance. First, it discusses the different measures of restrictions used in the literature. Second, it reviews the literature on the relationship between growth and capital account liberalization. Finally, it identifies and explains some of the differences in the results of the various studies and provides some support for a positive effect of capital account liberalization on growth, especially for developing countries.
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Descripció física:1 online resource (39 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students