Managing risks of capital mobility
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Author
Contributions
- World Bank Institute. Governance, Regulation, and Finance Division. - Contributor
Publication
1999 - World Bank, World Bank Institute, Governance, Regulation, and Finance, Washington, DC, District of Columbia
Language
English
Word Count
7,500 words, Guess
Page Count
30 pages
Identifiers
- Library of Congress Control Number00711632
- OCLC Control Number42686450
- Open LibraryOL6901035M
Description
Countries need suitable mechanisms for balancing the risks and benefits of financial openness, including mechanisms through which to provide insurance to citizens, through the marketplace or through redistributive policy, and thus to avert political pressure for capital controls. Capital mobility as a policy objective gained currency and support only after significant trade liberalization and only in democratic countries that had established the ability to repond to citizens' demands for national economic security.
Subjects
Topics
Places
Series Statement
- Policy research working paper ;
- 2199
- Policy research working papers ;
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