VI Prudential Regulation of the Capital Account
Author: Mr. Michael Mussa, Mr. Giovanni Dell'Ariccia, Mr. Barry J. Eichengreen1, and Ms. Enrica Detragiache
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
Language:
English
Keywords:
OP; liberalization; sequenced capital account liberalization; adverse selection; market; bank; sequence capital account liberalization; market discipline; market participant; bank liability; risk hedger; illiquid financial markets; Commercial banks; Foreign currency exposure; Capital account; Emerging and frontier financial markets; Global

Abstract

Over and above these measures, there may be a role for prudential measures designed to limit excessive dependence on short-term foreign currency debts.

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Cover Capital Account Liberalization
Capital Account Liberalization
Theoretical and Practical Aspects
Author: Mr. Michael Mussa, Mr. Giovanni Dell'Ariccia, Mr. Barry J. Eichengreen, and Ms. Enrica Detragiache
ISBN:
9781557757777
ISSN:
0251-6365
Publication Date:
30 Sep 1998
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557757777.084
Pages:
72

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