Liberalizing Capital Movements-Econ Issue #17

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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 risks of removing controls on flows of capital... READ MORE...

Publication date: September 1999
ISBN 9781463944711
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Publication date: September 1999

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Publication date: September 1999

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