Narrow search
Showing 1 - 10 of 5,705
Cover Image
Managing capital flows in an economic community: The case of ASEAN capital account liberalization
Park, Yung Chul; Takagi, Shinji - 2012
The paper uses the emerging Association of Southeast Asian Nations (ASEAN) Economic Community as a motivation to explore the issue of capital flow management in an economic community. Although there is an increasingly shared view that capital flow management measures should be part of the...
Persistent link: https://www.econbiz.de/10010397322
Cover Image
India's expericene in navigating the trilemma: Do capital control help?
Kohli, R. - 2011
Managing capital flows is the key policy challenge for emerging economies like India in the aftermath of the crisis. In contrast to other emerging markets who are levying capital controls, India's macro-monetary framework is distinguished by significant restrictions that help manage inflows....
Persistent link: https://www.econbiz.de/10011807663
Cover Image
The international regulatory regime on capital flows
Lupo Pasini, Federico - 2011
Capital controls and exchange restrictions are used to restrict international capital flows during economic crises. This paper looks at the legal implications of these restrictions and explores the current international regulatory framework applicable to international capital movements and...
Persistent link: https://www.econbiz.de/10010397244
Cover Image
Rethinking the Economics of Capital Mobilityand Capital Controls
Palley, Thomas I. - 2009
This paper reexamines the issue of international financial capital mobility, which is today's economic orthodoxy. Discussion is often framed in terms of the impossible trinity. That framing distorts discussion by representing capital mobility as having equal significance with sovereign monetary...
Persistent link: https://www.econbiz.de/10010460473
Cover Image
What international monetary system for a fast-changing world economy
Bénassy-Quéré, Agnès; Pisani-Ferry, Jean - 2011
long-term evolution of the balance of economic weight in the world economy. Such an evolution may mitigate some flaws of …
Persistent link: https://www.econbiz.de/10010317294
Cover Image
Capital liberalization and the US external imbalance
Prades, Elvira; Rabitsch, Katrin - 2009
the presence of borrowing and lending constraints on that bond. In a US versus the rest of the world (RoW) scenario, we … consumption risk relative to the rest of the world, and therefore decreases its motives for precautionary asset holdings relative … to the rest of the world. As a result of these asymmetric shifts in countries' barriers to capital mobility, the US runs …
Persistent link: https://www.econbiz.de/10010322494
Cover Image
A pragmatic approach to capital account liberalization
Prasad, Eswar S.; Rajan, Raghuram G. - 2008
Cross-country regressions suggest little connection from foreign capital inflows to more rapid economic growth for developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on growth in these economies, as implicitly assumed in the...
Persistent link: https://www.econbiz.de/10010268907
Cover Image
Current account adjustment and financial integration
Towbin, Pascal - 2008
The paper investigates whether higher financial integration leads in general to slower current account adjustments. The study estimates theoretically founded trade balance reaction functions for a panel of seventy countries from 1970-2004. The empirical analysis finds that adjustment in...
Persistent link: https://www.econbiz.de/10010316759
Cover Image
Liberalization and regulation of international capital flows: where the opposites meet
Nunnenkamp, Peter - 2001
The paper discusses the pros and cons of capital account liberalization. Rather than contrasting liberalization and regulation of capital flows as irreconcilable antagonisms, we argue that capital account liberalization requires institutional and regulatory safeguards. Even though the...
Persistent link: https://www.econbiz.de/10010265483
Cover Image
Liberalização financeira, performance e econômica e estabilidade macroeconômica no Brasil: Uma avaliação do período recente
de Faria, João Adelino; de Paula, Luiz Fernando; … - 2009
This paper aims at analyzing the relationship between capital account liberalization,economic performance and macroeconomic stability in Brazil. For this purpose,besides a revision in the literature, the paper develops an empirical study on the effects of financial liberalization in Brazil on a...
Persistent link: https://www.econbiz.de/10010330893