Controlled Capital Account Liberalization : A Proposal /

In this paper, we develop a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion of capital inflows through closed-end mutual funds that issue shares in domestic currency, use t...

Celý popis

Podrobná bibliografie
Hlavní autor: Prasad, Eswar
Další autoři: Rajan, Raghuram
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2005.
Edice:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2005/007
On-line přístup:Full text available on IMF