English, Article, Journal or magazine article edition: Towards Capital Account Convertibility Bernhard Fischer; Helmut Reisen

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Bookmark: http://trove.nla.gov.au/version/85534
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Towards Capital Account Convertibility
Author
  • Bernhard Fischer
  • Helmut Reisen
Physical Description
  • preprint
Notes
  • • Advanced developing countries are increasingly encouraged to remove existing capital controls, but mixed experiences with capital account opening caution that reform must be carefully designed to increase efficiency and growth without compromising stability • A gradual dismantling of capital controls is recommended, based on progress made in tax reform, exchange rate management, enforcement of bank competition and supervision, and solving domestic banks' bad-loan problems
  • RePEc:oec:devaab:4-en
Language
  • English
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