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Financial liberalization: how well has it worked for developing countries?

Joshua Aizenman

FRBSF Economic Letter, 2005, issue apr8

Abstract: This Economic Letter gives a summary of another analysis of the impact of financial liberalization on the economic performance of developing countries from 1991 to 2001. It describes a new and simple method that measures the degree of international capital mobility and that also provides useful information about the degree to which a nation's domestic stock of capital is self-financed.

Keywords: Developing countries; Capital market (search for similar items in EconPapers)
Date: 2005
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