Search Results for: Capital Account Regimes And The Developing Countries

An authoritative assessment of the debate over the role of volatile private capital flows and their impact on developing countries. The book outlines the long h

Most countries emerged from the Second World War with capital accounts that were closed to the rest of the world. Since then, a process of capital account openi

The relevance of recording and assessing countries’ capital flow management measures is well-recognized, but very few studies have focused on low-income devel

"Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effects of liberalization on real variables. In contrast to the

This paper reviews the experience with capital controls in industrial and developing countries, considers the policy issues raised when the effectiveness of cap