Ahrend, Rudiger; Goujard, Antoine - 2012
financial contagion, or by directly reducing the risk of financial crises. Differentiated capital controls are found to affect … market inflows, and openness to foreign bank entry are found to reduce the vulnerability to financial contagion. Finally … panel of 184 developed and emerging economies from 1970 to 2009, the empirical analysis examines which structural policies …