The STUDIA UNIVERSITATIS BABE┼×-BOLYAI issue article summary

The summary of the selected article appears at the bottom of the page. In order to get back to the contents of the issue this article belongs to you have to access the link from the title. In order to see all the articles of the archive which have as author/co-author one of the authors mentioned below, you have to access the link from the author's name.

 
       
         
    STUDIA OECONOMICA - Issue no. 2 / 2002  
         
  Article:   SOME ANALYTICAL ISSUES OF INTERNATIONAL CAPITAL FLOW LIBERALISATION.

Authors:  DANA E. BAKO.
 
       
         
  Abstract:  Some Analytical Issues of International Capital Flow Liberalisation. This paper addresses the potential gains and risks of open capital markets by first looking at what classical theory suggests about the benefits of capital mobility and examining the counter-arguments from problem of incomplete information and other distortion. It shows that the risk of removing controls on flows of capital across national borders are similar to those associated with removing controls on domestic financial institutions. The paper then explores how to manage liberalisation to minimise the risk and maximise the benefits.  
         
     
         
         
      Back to previous page