Towards Capital Account Convertibility:

• Advanced developing countries are increasingly encouraged to remove existing capital controls, but mixed experiences with capital account opening caution that reform must be carefully designed to increase efficiency and growth without compromising stability • A gradual dismantling of capital contr...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Fischer, Bernhard (VerfasserIn)
Weitere beteiligte Personen: Reisen, Helmut (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Paris OECD Publishing 1992
Schriftenreihe:OECD Development Centre Policy Briefs
Schlagwörter:
Links:https://doi.org/10.1787/332312815187
Zusammenfassung:• Advanced developing countries are increasingly encouraged to remove existing capital controls, but mixed experiences with capital account opening caution that reform must be carefully designed to increase efficiency and growth without compromising stability • A gradual dismantling of capital controls is recommended, based on progress made in tax reform, exchange rate management, enforcement of bank competition and supervision, and solving domestic banks' bad-loan problems
Umfang:1 Online-Ressource (28 Seiten) 21 x 29.7cm
DOI:10.1787/332312815187