Bajona, Claustre (contributor); Chu, Tianshu (contributor) - 2003 - [Elektronische Ressource]
capital market liberalization and
domestic industrial policy reform, and we apply it to the case of China’s accession to
the … driven by the reform in domestic policy
required by the treaty. The highest welfare bene ts occur when both domestic policy …
reform and capital market liberalization are jointly implemented. Welfare is enhanced
by early opening of the capital markets …