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Capital Account Liberalisation: Empirical Evidence and Policy Issues II

  • Renu Kohli

    (Reserve Bank of India)

The short experience with liberalisation of capital inflows documented in this paper highlights the pressures of a capital surge upon domestic monetary management.It also reveals the additional constraint of fiscal- led monetary expansion in India,which are likely to be impediments to future liberalisaton.

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File URL: http://econwpa.repec.org/eps/if/papers/0405/0405009.pdf
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Paper provided by EconWPA in its series International Finance with number 0405009.

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Length: 4 pages
Date of creation: 08 May 2004
Date of revision:
Handle: RePEc:wpa:wuwpif:0405009
Note: Type of Document - pdf; pages: 4
Contact details of provider: Web page: http://econwpa.repec.org

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  1. Reinhart, Carmen & Khan, Mohsin, 1995. "Capital Flows in the APEC Region," MPRA Paper 8200, University Library of Munich, Germany.
  2. Guillermo A. Calvo & Leonardo Leiderman & Carmen M. Reinhart, 1993. "Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors," IMF Staff Papers, Palgrave Macmillan, vol. 40(1), pages 108-151, March.
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