Capital account liberalization : does advanced economy experience provide lessons for China? (English)

The initial post World War II pursuit of capital account liberalization (CAL) by advanced economies was Europe-centric, with roots in a broader political rather than economic agenda of greater European integration. In continental Europe, CAL was addressed mostly through the adoption of multilateral instruments and codes. In contrast, CAL by the United States and United Kingdom was pursued unilaterally, motivated by their status as global reserve currency...

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Author

Chelsky,Jeffrey Allen;
Document Date
2012/02/01
Document Type
Brief
Report Number
66926
Volume No
1
Total Volume(s)
1
Country
China,
Region
East Asia and Pacific,
Disclosure Date
2012/02/21
Disclosure Status
Disclosed
Doc Name
Capital account liberalization : does advanced economy experience provide lessons for China?
Keywords
Poverty Reduction & Economic Management

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Citation

Chelsky,Jeffrey Allen.

Capital account liberalization : does advanced economy experience provide lessons for China? (English). Economic premise ; no. 74 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/711811468261892554

Capital account liberalization : does advanced economy experience provide lessons for China? (English)

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