Capital market liberalization has been a key battle in the debate on globalization for much of the previous two decades. Many developing countries, often at the
After the industrial countries established current account convertibility in the late1950s, they began to phase out their capital controls. Their efforts were s
There is growing dissatisfaction with the economic policies advocated by the IMF and other international financial institutions - policies that have often resul
Capital account liberalization - orderly, properly sequence, and befitting the individual circumstances of countries- is an inevitable step for all countries wi
Emerging Capital Markets and Globalization analyzes where we stand and where we are heading on capital market development, the state and evolution of Latin Amer