Sequencing Capital Account Liberalization : Lessons From the Experiences in Chile, Indonesia, Korea, and Thailand »
Series: IMF Working Papers
Author(s): Claudia Echeverria , Salim Darbar , and R. Johnston
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 1997
Keywords: Financial sector reform, currency convertibility, capital flows, foreign exchange, capital inflows, foreign currency, direct investment, capital account liberalization
This paper examines issues in sequencing and pacing capital account liberalization and draws lessons from experience in four countries (Chile, Indonesia, Korea, and Thailand). The paper focuses on the interrelation...