Bhattacharya, Rina, 1997, “Pace, Sequencing, and Credibility of Structural Reforms,” World Development, Vol. 25, No. 7 (July), pp. 1045–1061.
Bhattacharya, Rina, 1999, “Political Economy Aspects of Trade and Financial Liberalization: Implications for Sequencing,” IMF Working Paper 99/159 (Washington: International Monetary Fund).
Bhattacharya, Rina, 1999, “Capital Flight Under Uncertainty About Domestic Taxation and Trade Liberalization,” Journal of Development Economics, Vol. 59 (August), pp. 365–387.
Cho, Y-J and D. Khatkhate, 1989, “Lessons of Financial Liberalization in Asia: A Comprehensive Study,” World Bank Discussion Paper No. 50 (Washington: World Bank).
Collier, Paul and colin Mayer, 1989, “The Assessment: Financial Liberalization, Financial Systems, and Economic Growth,” Oxford Review of Economic Policy, Vol. 5 No. 4 (Winter), pp. 1–12.
Eastwood, Robert and Adam Durski, 1992, “Financial Reform in Poland: Some Parallels with Chilean Experience,” paper presented at a conference on “Macroeconomic Stabilization and the Internationalization of the Polish Economy,” Warsaw University, June.
Edwards, Sebastian, 1984, “The Order of Liberalization of the External Sector in Developing Countries,” Essays in International Finance, No. 156, (Princeton, New Jersey: Princeton University International Finance Section, Department of Economics).
Edwards, Sebastian, 1989, “On the Sequencing of Structural Reforms,” National Bureau of Economic Research Working PaperNo. 3138 (October), (Cambridge, Massachusetts).
Engel, Charles and Kenneth Kletzer, 1991, “Trade Policy Under Endogenous Credibility,” Journal of Development Economics, Vol. 36 No. 2 (October), pp. 213–228.
Falvey, Rod and Cha Dong Kim, 1992, “Timing and Sequencing Issues in Trade Liberalization,” Economic Journal, Vol. 102 (July), pp. 908–924.
Fry, Maxwell J., 1989, “Financial Development: Theories and Recent Experience,” Oxford Review of Economic Policy, Vol. 5 No. 4 (Winter), pp. 13–28.
Funke, Norbert, 1993, “Timing and Sequencing of Reforms: Competing Views and the Role of Credibility,” Kyklos, Vol. 46, pp. 337–362.
Gelb, Alan, 1989, “A Cross-Section Analysis of Financial Policies, Efficiency and Growth,” World Bank Working Paper (Washington: World Bank).
Gibson, Heather D. and Euclid Tsakalatos, 1994, “The Scope and Limits of Financial Liberalization in Developing Countries: A Critical Survey,” Journal of Development Studies, Vol. 30 No. 3 (April), pp. 578–628.
Johnson, Harry G., 1967, “The Possibility of Income Losses From Increased Efficiency or Factor Accumulation in the Presence of Tariffs,” Economic Journal, Vol. 17 (March), pp. 151–154.
Kahkonen, Juha, 1987, “Liberalization Policies and Welfare in a Financially Repressed Economy,” IMF Staff Papers, Vol. 34 No. 3 (September), pp. 531–547 (Washington: International Monetary Fund).
McKinnon, Ronald I., 1981, “Financial Repression and the Liberalisation Problem Within Less Developed Countries,” in The Past and Prospects for the World Economic Order, ed. by S. Grassman and E. Lundberg, pp. 365–386 (London: Macmillan).
McKinnon, Ronald I. and D. J. Mathieson, 1981, “How to Manage a Repressed Economy,” Essays in International Finance No. 145 (Princeton, New Jersey: Princeton University).
McKinnon, Ronald I., 1982, “The Order of Economic Liberalization: Lessons from Chile and Argentina” in Economic Policy in a World of Change, ed. by K. Brunner and A.H. Meltzer, pp. 159–186 (Amsterdam: North Holland).
McKinnon, Ronald I., 1988, “Financial Liberalization in Retrospect: Interest Rate Policies in LDCs” in The State of Development Economics, ed. by G. Ranis and T.R. Schultz, pp. 386–415 (New York: Basil Blackwell).
McKinnon, Ronald I., 1989, “Financial Liberalization and Economic Development: A Reassessment of Interest-rate Policies in Asia and Latin America,” Oxford Review of Economic Policy, Vol. 5 No. 4 (Winter), pp. 29–54.
McKinnon, Ronald I., 1991, The Order of Economic Liberalization: Financial Control in the Transition to a Market Economy (John Hopkins University Press).
Rodrik, Dani, 1991, “Policy Uncertainty and Private Investment in Developing Countries,” Journal of Development Economics, Vol. 36, pp. 229–242.
Sachs, Jeffrey D., Aaron Tornell and Andres Velasco, 1995, “The Collapse of the Mexican Peso: What Have We Learnt?” National Bureau of Economic Research Working Paper No. 5142 (Cambridge, Massachusetts).
van Wijnbergen, Sweder, 1985, “Trade Reform, Aggregate Investment and Capital Flight: On Credibility and the Value of Information,” Economic Letters, Vol. 19, pp. 369–372.
The author would like to thank Thomas Helbling and Natalia Tamirisa for helpful comments and suggestions on an earlier draft ofthis paper.