The Liberalization of Capital Outflows in Brazil, India and South Africa since the early 1990s

Ricardo Gottschalk and Cecilia Azevedo Sodré

Chapter 5 in Financial Liberalization and Economic Performance in Emerging Countries, 2008, pp 95-120 from Palgrave Macmillan

Abstract: Abstract During the 1990s, a number of developing countries took major steps towards liberalizing their capital accounts. In a context of increasing availability of international capital, the liberalization process resulted in these countries attracting large amounts of capital flows. In the second half of the 1990s these countries faced major capital flow reversals which in many cases resulted in deep financial crises. Because liberalization was associated with so many crises, a great deal of work has been done on the topic.1

Keywords: Mutual Fund; Institutional Investor; Pension Fund; Capital Inflow; Foreign Exchange Market (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-22774-3_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230227743

DOI: 10.1057/9780230227743_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().