Controlled Capital Account Liberalization : A Proposal /
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 inflows through closed-end mutual funds that issue shares in domestic currency, use t...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Col·lecció: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2005/007 |
| Accés en línia: | Full text available on IMF |