Liberalization of the Capital Account : Experiences and Issues

Experiences and Issues

Liberalization of the Capital Account : Experiences and Issues
This paper reviews the experience with capital controls in industrial and developing countries, considers the policy issues raised when the effectiveness of capital controls diminishes, examines the medium-term benefits and costs of an open capital account, and analyzes the policy measures that could help sustain capital account convertibility.... READ MORE...

Publication date: June 1992
ISBN 9781451973754
$15.00

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