Capital account liberalization: What do cross-country studies tell us?

被引:192
作者
Eichengreen, B [1 ]
机构
[1] Univ Calif Berkeley, Berkeley, CA 94720 USA
关键词
D O I
10.1093/wber/15.3.341
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Capital account liberalization, it is fair to say, remains one of the most controversial and least understood policies of our day. One reason is that different theoretical perspectives have very different implications for the desirability of liberalizing capital flows. Another is that empirical analysis has failed to yield conclusive results.
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页码:341 / 365
页数:25
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