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Managing Risks of Capital Mobility

Managing Risks of Capital Mobility PDF Author: Mansoor Dailami
Publisher: World Bank Publications
ISBN:
Category : Capital market
Languages : en
Pages : 36

Book Description
Countries need suitable mechanisms for balancing the risks and benefits of financial openness, including mechanisms through which to improve insurance to citizens, through the marketplace or through redistributive policy, and thus to avert political pressure for capital controls. Capital mobility as a policy objective gained currency and support only after significant trade liberalization and only in democratic countries that had established the ability to repond to citizens' demands for national economic security.
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