Liberalizing Capital Flows and Managing Outflows : Background Paper.
Liberalization of capital flows can benefit both source and recipient countries by improving resource allocation, reducing financing costs, increasing competition and accelerating the development of domestic financial systems. The empirical evidence, however, is mixed on the benefits, and it suggest...
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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2012.
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| 叢編: | Policy Papers; Policy Paper ;
No. 2012/014 |
| 在線閱讀: | Full text available on IMF |