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Working Paper

Liberalization and Regulation of International Capital Flows: Where the Opposites Meet

Kiel Working Papers, 1029
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Authors

  • Nunnenkamp
  • P.

Publication Date

JEL Classification

F30 G18

Key Words

Capital account liberalization

Financial crises

financial regulation

international financial architecture

The paper discusses the pros and cons of capital account liberalization. Rather than contrasting liberalization and regulation of capital flows as irreconcilable antagonisms, we argue that capital account liberalization requires institutional and regulato

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