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Liberalizing Capital Flows in Developing Countries: Pitfalls, Prerequisites, and Perspectives (Development Centre Studies) | |||||
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Rok: 1993 AnotacePolicy makers are showing renewed interest in financial opening. the ultimate goals of such opening are to raise efficiency and growth, but the reform process must be carefully designed to achieve these goals. This study seeks to assist governments and their advisors opting for liberalization of capital movements. It explains why liberalizing capital movements can be beneficial, when different capital controls can be dismantled, and how the process of financial opening should be implemented. By presenting a very wide range of reform experience and clear, detailed, and informed discussion, this book makes a valuable contribution to this very complex but increasingly important topic. Dostupné zdroje
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