Effects of Capital Flow Liberalization : What is the Evidence from Recent Experiences of Emerging Market Economies? /

This paper analyzes the experiences of emerging market economies (EMEs) that have liberalized capital flows over the past 15 years with respect to macroeconomic performance and risks to financial stability. The results of the panel data regressions indicate that greater openness to capital flows is...

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Hlavní autor: Saadi Sedik, Tahsin
Další autoři: Sun, Tao
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/275
On-line přístup:Full text available on IMF