Can I read Capital Market Liberalization and Development (Initiative for Policy Dialogue) on EtoBox?

Capital Market Liberalization and Development (Initiative for Policy Dialogue) by José Antonio Ocampo; Joseph E. Stiglitz is a book available to read on EtoBox.

What is Capital Market Liberalization and Development (Initiative for Policy Dialogue) about?

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 behest of international financial institutions such as the IMF, opened their capital accounts and liberalized their domestic financial markets as part of the wave of liberalization that characterized the 1980s and 1990s and in doing so exposed their economies to increased risk and volatility. Now with even the IMF acknowledging the risks inherent in capital market liberalization, the central intellectual battle over the effects of capital market liberalization has for the most part ended. Though this new understanding of the consequences of capital market liberalization is reshaping many policy discussions among academics and international institutions, ideological and vested interests remain. Critical policy debates also remain, such as how much government should intervene and what tools are available. Although capital market liberalization might not produce the promised benefits, many economists and policymakers still worry about the costs of intervention. Do these costs exceed the benefits? What are the best kinds of int

Author

José Antonio Ocampo; Joseph E. Stiglitz

Publisher

Oxford University Press; OUP Oxford

Published

2008

Language

EN

ISBN

9780199238446

Subjects

Business, Economics, Finance

Updated

2026-03-24