Financial Liberalization and Policy Challenges

There is growing discontent with the conventional wisdom concerning economic policy. The unhappy fact seems to be that a stable macroeconomic environment may be necessary but not sufficient to coax the desired outcomes from liberalized financial systems. This paper reviews several promising extensions of the conventional model and discusses their policy implications.

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Year of publication:	1997-12
Authors:	Dooley, Michael P.
Institutions:	Inter-American Development Bank
Subject:	Fiscal Policy \| Financial Markets \| capital controls \| financial policy \| WP-363

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Extent:	application/pdf
Series:	IDB Publications (Working Papers).
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Working Paper Series; 363 Number 6433
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010944444