Abstract
The extensive literature on capital controls and capital account liberalization in emerging market economies generally identifies two types of capital controls: first, targeted measures aimed at slowing the pace of short-term portfolio inflows and outflows; and second, pervasive restrictions on a broader range of external capital transactions.2
Chief Economist, Asia, UBS Investment Bank.
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References
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Union Bank of Switzerland (UBS), Zurich.
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© 2005 International Monetary Fund
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Anderson, J. (2005). Capital Account Controls and Liberalization: Lessons for India and China. In: Tseng, W., Cowen, D. (eds) India’s and China’s Recent Experience with Reform and Growth. Procyclicality of Financial Systems in Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9780230505759_11
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DOI: https://doi.org/10.1057/9780230505759_11
Publisher Name: Palgrave Macmillan, London
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