Capital Account Liberalisation: Empirical Evidence and Policy Issues II

Renu Kohli ()

International Finance from EconWPA

Abstract: 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.

Keywords: Capital flows; capital account liberlasiation; stock markets; financial markets (search for similar items in EconPapers)
JEL-codes: F3 F4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ifn and nep-reg
Date: 2004-05-08
Note: Type of Document - pdf; pages: 4
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpif:0405009

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