Capital Market Liberalization and Development.

Capital market liberalization has been a key battle in the debate on globalization for much of the previous two decades. Many developing countries, often at the behest of international financial institutions such as the IMF, opened their capital accounts and liberalized their domestic financial mark...

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Bibliographic Details
Main Author: Ocampo, José Antonio
Other Authors: Stiglitz, Joseph E.
Format: eBook
Language:English
Published: Oxford : OUP Oxford, 2008.
Series:Initiative for policy dialogue series.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Capital market liberalization has been a key battle in the debate on globalization for much of the previous two decades. Many developing countries, often at the behest of international financial institutions such as the IMF, opened their capital accounts and liberalized their domestic financial markets as part of the wave of liberalization that characterized the 1980s and 1990s and in doing so exposed their economies to increased risk and volatility. Now with even the IMFacknowledging the risks inherent in capital market liberalization, the central intellectual battle over the effects of capit.
Physical Description:1 online resource (388 pages)
Bibliography:Includes bibliographical references and index.
ISBN:9780191528156
0191528153
9780191710896
019171089X
9780199230587
0199230587