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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Detalhes bibliográficos
Autor principal: Milesi-Ferretti, Gian
Outros Autores: Detragiache, Enrica, Mussa, Michael, Tweedie, A.
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2005.
Colecção:Economic Issues; Economic Issues ; No. 2005/002
Acesso em linha:Full text available on IMF