01548cas a2200241 a 4500 AALejournalIMF004404 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451955118 1018-5941 BD-DhAAL BD-DhAAL Quirk, Peter. Capital Account Convertibility : A New Model for Developing Countries / Peter Quirk. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (26 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 analyzes issues for developing countries considering a move to capital account convertibility. It reviews the relevant literature, including arguments for sequencing, and analyses in a series of charts various features of the foreign exchange market impact of removing controls, as against the alternative of foreign exchange intervention. Finally, it examines recent experiences of capital account liberalization by developing countries in the context of multi-pronged stabilization programs. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1994/081 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/081/001.1994.issue-081-en.xml IMF e-Library