Liberalization of the Capital Account is popular PDF and ePub book, written by Mr.Donald J. Mathieson in 1992-06-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Liberalization of the Capital Account can be Read Online from any device for your convenience.
Liberalization of the Capital Account Book PDF Summary
This paper reviews the experience with capital controls in industrial and developing countries, considers the policy issues raised when the effectiveness of capital controls diminishes, examines the medium-term benefits and costs of an open capital account, and analyzes the policy measures that could help sustain capital account convertibility. As the effectiveness of capital controls eroded more rapidly in the 1980s than in earlier periods, new constraints were placed on the formulation of stabilization and structural reform programs. However, experience suggests that certain macroeconomic, financial, and risk management policies would allow countries to attain the benefits of capital account convertibility and reduce the financial risks created by an open capital account.
Detail Book of Liberalization of the Capital Account PDF
- Author : Mr.Donald J. Mathieson
- Release : 01 June 1992
- Publisher : International Monetary Fund
- ISBN : 9781451973754
- Genre : Business & Economics
- Total Page : 60 pages
- Language : English
- PDF File Size : 17,7 Mb
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