Liberalizing Capital Movements : Some Analytical Issues /
This paper addresses the potential gains and risks of open capital markets by first looking at what classical economic theory suggests aboutthe benefits of capital mobility and then examining the counterargumentsarising from problems of incomplete information and other distortions.It shows that the...
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| Andre forfattere: | , , |
| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
2005.
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| Serier: | Economic Issues; Economic Issues ;
No. 2005/002 |
| Online adgang: | Full text available on IMF |
| Summary: | This paper addresses the potential gains and risks of open capital markets by first looking at what classical economic theory suggests aboutthe benefits of capital mobility and then examining the counterargumentsarising from problems of incomplete information and other distortions.It shows that the risks of removing controls on flows of capital acrossnational borders are similar to those associated with removing controlson domestic financial institutions. The paper then explores how to manageliberalization to minimize the risks and maximize the benefits. |
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| Emne beskrivelse: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Fysisk beskrivelse: | 1 online resource (19 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1020-5098 |
| Adgang: | Electronic access restricted to authorized BRAC University faculty, staff and students |