Capital Account Liberation
Methods and Applications| By: | Ying Yirong; Jeffrey Yi-Lin Forrest |
| Publisher: | Taylor & Francis |
| Print ISBN: | 9781138894563 |
| eText ISBN: | 9781351231732 |
| Edition: | 1 |
| Copyright: | 2015 |
| Format: | Reflowable |
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Along with the development of economic globalization, many countries have begun to relax their controls on their capital accounts. However, the recent financial crises in Latin American countries as well as the exchange rate crises in Southeast Asian countries have shown that there is major risk associated with capital account liberalization.This b