Capital account liberalization and its effects on economic growth and financial instability: the exante orthodox models were wrong

ABSTRACT The financial crises in emerging economies during the 1990s and 2000s propelled academia and multilateral institutions to investigate whether the promised benefits of capital account liberalization were being delivered or not. In the course of empirical studies on the subject, many ex ante...

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Bibliographic Details
Main Authors: DIEGO GARCIA ANGELICO, GIULIANO CONTENTO DE OLIVEIRA
Format: Article
Language:English
Published: Editora 34 2020-10-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572020000400669&tlng=en