01765cas a2200277 a 4500 AALejournalIMF012784 230101c9999 xx r poo 0 0eng d 5.00 USD 9781557757920 1020-5098 BD-DhAAL BD-DhAAL Milesi-Ferretti, Gian. Liberalizing Capital Movements : Some Analytical Issues / Gian Milesi-Ferretti, Enrica Detragiache, A. Tweedie, Michael Mussa. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (19 pages) Economic Issues <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 addresses the potential gains and risks of open capital markets by first looking at what classical economic theory suggests aboutthe benefits of capital mobility and then examining the counterargumentsarising from problems of incomplete information and other distortions.It shows that the risks of removing controls on flows of capital acrossnational borders are similar to those associated with removing controlson domestic financial institutions. The paper then explores how to manageliberalization to minimize the risks and maximize the benefits. Mode of access: Internet Detragiache, Enrica. Mussa, Michael. Tweedie, A. Economic Issues; Economic Issues ; No. 2005/002 Full text available on IMF http://elibrary.imf.org/view/books/051/04286-9781557757920-en/04286-9781557757920-en-book.xml IMF e-Library