000			00938nam a2200133Ia 4500
080			_a11.03.03 C2443
100			_aEichengreen, Barry...[et al]
245			_aCapital account liberalization : theoretical and practical aspects
260			_bIMF _aWashingtonUS _c1998
300			_av, 61 p.
520			_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.
583			_c7/26/00 _kJOY_D
942			_cM _mC2443
999			_c22936 _d22936