00967nam a2200145Ia 450000500170000008000190001710000330003624500710006926000280014030000130016852005910018158300190077294200130079199900170080420260716043404.0  a11.03.03 C2443  aEichengreen, Barry...[et al]  aCapital account liberalization : theoretical and practical aspects  bIMFaWashingtonUSc1998  av, 61 p.  aDescribes the remarkable growth of international capital flows and places it in historical perspective.  Examines what economic theory has to say about the benefits and costs of capital mobility.  Assesses countries' practical experience with capital account liberalization by reviewing studies of the effects of capital account convertibility on economic growth, cyclical stability, and susceptibility to crises.  Looks at the prudential regulation of financial institutions and markets, the role that can be played by limits on international capital flows and the issue of sequencing.  c7/26/00kJOY_D  cMmC2443  c46271d46271