This paper reviews briefly the arguments for capital market liberalization, and identifies their theoretical and empirical weaknesses. This provides the foundations for the argument for intervention in short-term capital flows. The paper concludes with a brief discussion of the various ways in which such interventions may be implemented
Research has typically addressed capital account liberalisation in terms of its growth effects. Whil...
Contrary to the predictions of standard economic theory, capital market liberalization has been a mi...
Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effe...
Abstract. This study intends to examine the larger issues related to capital liberalisation and also...
This paper examines the consequences of capital market liberalization, with special reference to its...
We examine the short- and long-run effects of financial liberalization on capital markets. To do so,...
This study intends to examine the larger issues related to capital liberalisation and also to analys...
It is interesting that domestic and international financial liberalization are among the most often ...
The first part of this paper examines the theoretical and empirical case for full capital account li...
Abstract During the 1980s and 1990s, many developing countries (DCs) have been engaged in far-rea...
For capital market liberalization in developing countries, the returns have been difficult to identi...
Capital market liberalization4, or financial globalization, is one of the most controversial aspects...
The widespread liberalization of international financial flows followed the end of the Bretton Woods...
This paper studies the effects of financial liberalization and banking crises on growth. It shows th...
One of the main objectives of this study is to show the necessity of capital markets and the sine qu...
Research has typically addressed capital account liberalisation in terms of its growth effects. Whil...
Contrary to the predictions of standard economic theory, capital market liberalization has been a mi...
Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effe...
Abstract. This study intends to examine the larger issues related to capital liberalisation and also...
This paper examines the consequences of capital market liberalization, with special reference to its...
We examine the short- and long-run effects of financial liberalization on capital markets. To do so,...
This study intends to examine the larger issues related to capital liberalisation and also to analys...
It is interesting that domestic and international financial liberalization are among the most often ...
The first part of this paper examines the theoretical and empirical case for full capital account li...
Abstract During the 1980s and 1990s, many developing countries (DCs) have been engaged in far-rea...
For capital market liberalization in developing countries, the returns have been difficult to identi...
Capital market liberalization4, or financial globalization, is one of the most controversial aspects...
The widespread liberalization of international financial flows followed the end of the Bretton Woods...
This paper studies the effects of financial liberalization and banking crises on growth. It shows th...
One of the main objectives of this study is to show the necessity of capital markets and the sine qu...
Research has typically addressed capital account liberalisation in terms of its growth effects. Whil...
Contrary to the predictions of standard economic theory, capital market liberalization has been a mi...
Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effe...