Part III Selected Country Experiences with Capital Account Liberalization and Financial Sector Stability
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
12 Apr 2002
Keywords:
OP; liberalization; market; bank; financial system; capital account liberalization; liberalization process; market liquidity; market discipline; policy advice; Capital account liberalization; Capital flows; Commercial banks; Africa; Global; North America

Abstract

Part III provides a detailed analysis of the experiences of a broad range of countries that have liberalized their capital accounts. Nine countries chosen in this paper present different levels of economic development and diverse conditions and took various approaches to the pace and sequencing of capital account liberalization, illustrating that there is no simple rule for the sequencing and coordination of capital account liberalization with other policies. Part HI is divided into two sections; the first section discusses the experiences of countries that avoided a financial crisis and the second section the experiences of countries that faced such a crisis.

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Cover Capital Account Liberalization and Financial Sector Stability
Capital Account Liberalization and Financial Sector Stability
ISBN:
9781589060852
ISSN:
0251-6365
Publication Date:
12 Apr 2002
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589060852.084
Pages:
108

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