Abstract
In the wake of the Asian financial crisis a number of questions related to free movement of capital are being reconsidered. Is it desirable to have full capital mobility for emerging market economies? Will capital account liberalisation lead to a growing number of financial crises which will threaten the stability of the international financial system?
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References
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Gavin, B., Haegeli, J. International investment rules and capital mobility. Intereconomics 34, 27–38 (1999). https://doi.org/10.1007/BF02928969
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DOI: https://doi.org/10.1007/BF02928969