Kono, Masamichi; Schuknecht, Ludger - Economic Research and Statistics Division (ERSD), World … - 1999
stability. The study finds significant evidence in favour of this claim through an empirical analysis of GATS commitments in 27 … - determinant of capital flows and financial sector stability. Financial services trade liberalisation which promotes the use of a … liberalisation is not advisable, can open up certain types of financial services trade, as such trade strengthens the financial …