01754cas a2200241 a 4500 AALejournalIMF003004 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451853834 1018-5941 BD-DhAAL BD-DhAAL Faruqee, Hamid. Dynamic Capital Mobility in Pacific Basin Developing Countries : Estimation and Policy Implications / Hamid Faruqee. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (50 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper estimates empirically the changing degree of capital mobility in several Pacific Basin countries that have pursued financial liberalization in recent years. Tracing the impact of the liberalization process on the capital account, the paper also examines the implications for monetary policy operating in this changing economic environment. Empirical estimates support an overall finding of increased capital mobility in the region over the past decade. However, country experiences, with the exception of Singapore, have been more episodic--oscillating between periods of high and low financial openness--rather than uniform in regards to changing capital mobility. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1991/115 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/115/001.1991.issue-115-en.xml IMF e-Library