Capital Account Liberalization

Autori

• Barry Eichengreen

Parametri

• 61 pagine
• 3 ore di lettura

• Economia e affari
• Libri di testo
• Libri di testo universitari

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Capital account liberalization - orderly, properly sequence, and befitting the individual circumstances of countries- is an inevitable step for all countries wishing to realize the benefits of the globalized economy. This paper reviews the theories behind capital account liberalization and examines the dangers associated with free capital flows. The authors conclude that the dangers can be limited through a combination of sound macroeconomic and prudential policies.

Lingua: Inglese

Pubblicato: 1999

(In brossura)