Prasad, Eswar; Rajan, Raghuram G. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008
IZA DP No. 3475
A Pragmatic Approach to Capital Account Liberalization
Eswar S. Prasad
Raghuram G. Rajan
DISCUSSION P … to Capital
Account Liberalization
Eswar S. Prasad
Cornell University
and IZA
Raghuram G. Rajan
University of … theories on
both the costs and benefits of capital account liberalization, and suggest how one might
adopt a pragmatic …