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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Détails bibliographiques
Auteur principal: Milesi-Ferretti, Gian
Autres auteurs: Detragiache, Enrica, Mussa, Michael, Tweedie, A.
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2005.
Collection:Economic Issues; Economic Issues ; No. 2005/002
Accès en ligne:Full text available on IMF