Capital Account Liberalization : Theoretical and Practical Aspects /

Capital account liberalization - orderly, properly sequence, and befitting the individual circumstances of countries- is an inevitable step for all countries wishing to realize the benefits of the globalized economy. This paper reviews the theories behind capital account liberalization and examines...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Mussa, Michael
Kolejni autorzy: Dell'Ariccia, Giovanni, Detragiache, Enrica, Eichengreen, Barry
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 1998.
Seria:Occasional Papers; Occasional Paper ; No. 1998/016
Dostęp online:Full text available on IMF
Opis
Streszczenie:Capital account liberalization - orderly, properly sequence, and befitting the individual circumstances of countries- is an inevitable step for all countries wishing to realize the benefits of the globalized economy. This paper reviews the theories behind capital account liberalization and examines the dangers associated with free capital flows. The authors conclude that the dangers can be limited through a combination of sound macroeconomic and prudential policies.
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Opis fizyczny:1 online resource (72 pages)
Format:Mode of access: Internet
ISSN:0251-6365
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