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The Relation between Economic Growth and Capital Flows in the Context of Financial Liberalization

Cristina Duhnea, Ghita Mitrescu Silvia () and Moraru Andreea-Daniela ()
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Ghita Mitrescu Silvia: Ovidius University of Constanta
Moraru Andreea-Daniela: Ovidius University of Constanta

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 1227-1231

Abstract: Starting with the 20th century practitioners and academics have tried to correctly identify the dependency relations between the capital inflows and the macroeconomic equilibrium of an open economy and the intensity of them in order to create better macroeconomic policies capable to ensure the perfect capital mobility. The present paper aims to present and analyse the main contributions to the international capital flows theory focused on the economic growth in an open economy and the financial liberalisation.

Keywords: capital flows; open economy; financial liberalisation; economic growth (search for similar items in EconPapers)
JEL-codes: G23 (search for similar items in EconPapers)
Date: 2013
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