Capital Account Liberalization : Theoretical and Practical Aspects

Mussa, Michael

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

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Year of publication:	1998
Authors:	Mussa, Michael
Other Persons:	Eichengreen, Barry (contributor) ; Detragiache, Enrica (contributor) ; Dell'Ariccia, Giovanni (contributor) ; Mussa, Michael (contributor)
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Finanzmarktregulierung \| Financial market regulation \| Kapitalmobilität \| Capital mobility \| Welt \| World \| Kapitalbilanz \| Capital account \| Theorie \| Theory

Extent:	Online-Ressource (72 p)
Series:	Occasional papers / International Monetary Fund. - Washington, DC : IMF, ZDB-ID 2685896-4. - Vol. Occasional Paper No. 172
Type of publication:	Book / Working Paper
Language:	English
ISBN:	1-55775-777-1 ; 978-1-55775-777-7
Other identifiers:	10.5089/9781557757777.084 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

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