A Pragmatic Approach to Capital Account Liberalization

Cross-country regressions suggest little connection from foreign capital inflows to more rapid economic growth for developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on growth in these economies, as implicitly assumed in the benchmark neoclassical framework...<BR>

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Year of publication:	2008-04-01
Authors:	Prasad, Eswar ; Rajan, Raghuram G.
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Kapitalverkehrskontrolle \| Sicherheitsleistung \| Kapitalverkehrsbilanz \| capital account liberalization

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Extent:	147456 bytes 37 p. application/pdf
Series:	Universität Bonn - Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA) - Discussion Papers in 2008 Discussion Paper ; 3475 (2008)
Type of publication:	Book / Working Paper
Language:	English
Classification:	F2 - International Factor Movements and International Business ; F3 - International Finance ; F4 - Macroeconomic Aspects of International Trade and Finance ; Accounting and auditing. Other aspects ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005859714