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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Milesi-Ferretti, Gian
Weitere Verfasser: Detragiache, Enrica, Mussa, Michael, Tweedie, A.
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2005.
Schriftenreihe:Economic Issues; Economic Issues ; No. 2005/002
Online Zugang:Full text available on IMF