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Towards Capital Account Convertibility Author info | Abstract | Publisher info | Download info | Related research | Statistics Bernhard Fischer
Helmut Reisen ()
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• 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
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Paper provided by OECD Development Centre in its series OECD Development Centre Policy Briefs with number
4.
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Date of creation: 15 Apr 1992Date of revision:
Handle: RePEc:oec:devaab:4-enContact details of provider: Postal: 2 rue Andre Pascal, 75775 Paris Cedex 16 Email: Web page: http://www.oecd.org/Dev More information through EDIRC
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