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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Bibliographic Details
Main Author: Milesi-Ferretti, Gian
Other Authors: Detragiache, Enrica, Mussa, Michael, Tweedie, A.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:Economic Issues; Economic Issues ; No. 2005/002
Online Access:Full text available on IMF

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