You are looking at 1 - 1 of 1 items :

  • Type: Books and Journals x
  • Business and Economy x
  • United Kingdom x
  • IMF Policy Discussion Papers x
Clear All Modify Search
Controlled Capital Account Liberalization
			: A Proposal

Controlled Capital Account Liberalization : A Proposal »

Volume/Issue: 2005/7

Series: IMF Policy Discussion Papers

Author(s): Eswar Prasad , and Raghuram Rajan


Publication Date: 01 October 2005


ISBN: 9781451975741

Keywords: Capital account liberalization, Capital controls, Capital inflows, Reserves, Foreign exchange reserves, International finance, closed-end mutual fund, international portfolio diversification, capital account, capital outflows

In this paper, we develop a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion of capital...