Liberalizing Capital Movements : Some Analytical Issues

Some Analytical Issues

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

Publication date: March 2005
ISBN 9781557757920
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