Abstract
Many developing countries have made enormous progress in the last decade in nurturing more open and more liberal financial markets. A central aspect of this change has been increased openness to international capital markets, perhaps one of the most momentous reforms in the developing world during the last decade or so.
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© 1999 Kluwer Academic Publishers
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Icard, A. (1999). Capital Flows and Stability of Financial Systems in Emerging Countries. In: Blejer, M.I., Škreb, M. (eds) Balance of Payments, Exchange Rates, and Competitiveness in Transition Economies. Springer, Boston, MA. https://doi.org/10.1007/978-0-585-31346-7_7
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DOI: https://doi.org/10.1007/978-0-585-31346-7_7
Publisher Name: Springer, Boston, MA
Print ISBN: 978-0-7923-8422-9
Online ISBN: 978-0-585-31346-7
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