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Capital Account Liberalization and Management

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  • José Antonio Ocampo

Abstract

This paper reviews the history and controversies associated with capital account management. It first looks at the transition from the acceptance at the Bretton Woods conference of capital account regulations as a normal policy instrument to the liberalization of the capital account, first in developed countries and later in developing countries.

Suggested Citation

  • José Antonio Ocampo, 2015. "Capital Account Liberalization and Management," WIDER Working Paper Series wp-2015-048, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2015-048
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2015-048.pdf
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    References listed on IDEAS

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    Cited by:

    1. Maurice Obstfeld & Alan M. Taylor, 2017. "International Monetary Relations: Taking Finance Seriously," Journal of Economic Perspectives, American Economic Association, vol. 31(3), pages 3-28, Summer.
    2. Ehsan MEHRABANFAR, 2015. "Globalization Streams in Futures Studies," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 19(3), pages 96-106.
    3. Guzman, Martin & Ocampo, Jose Antonio & Stiglitz, Joseph E., 2018. "Real exchange rate policies for economic development," World Development, Elsevier, vol. 110(C), pages 51-62.

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