Gupta, Rangan; Karapatakis, Andreas G - In: The IUP Journal of Monetary Economics VI (2008) 1, pp. 6-33
This paper provides a comprehensive review of the literature on ‘Financial Liberalization’, spanning more than three decades, starting from the independent contributions of McKinnon and Shaw in 1973 on this topic. In this regard, the paper revisits and evaluates the propositions of the...