financial liberalization on domestic investment and savings, the current account balance and the real exchange rate, both when …

experiments to assess the welfare effects of trade and investment liberalization in general equilibrium. Specifically, we address … the question of whether and under which circumstances a single versus a combined trade/investment liberalization strategy …. The focus of this paper is to look at three highly relevant questions. First, when is investment liberalization beneficial …

and analyzes the impact of uncertainty on domestic investment in the exportable and importable sectors, the political …