Managing Risks of Capital Mobility
Download or Read eBook Managing Risks of Capital Mobility PDF written by Mansoor Dailami and published by World Bank Publications. This book was released on 1999 with total page 36 pages. Available in PDF, EPUB and Kindle.
Author | : Mansoor Dailami |
Publisher | : World Bank Publications |
Total Pages | : 36 |
Release | : 1999 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Book Synopsis Managing Risks of Capital Mobility by : Mansoor Dailami
Book excerpt: Countries need suitable mechanisms for balancing the risks and benefits of financial openness, including mechanisms through which to improve insurance to citizens, through the marketplace or through redistributive policy, and thus to avert political pressure for capital controls. Capital mobility as a policy objective gained currency and support only after significant trade liberalization and only in democratic countries that had established the ability to repond to citizens' demands for national economic security.