Эксоцман
на главную поиск contacts

Liberalization of Trade in Financial Services and Financial Sector Stability (Empirical Approach)

Опубликовано на портале: 16-12-2003
IMF Working Paper Series. 2002.  No. 02/139 .
The paper explores empirically the links between the WTO-driven liberalization of trade in financial services and the stability of national financial systems. Econometric testing of indicators intended to proxy financial sector stability-subdivided into exchange rate and banking sector stability-suggests that opening of the financial sector is an efficient policy instrument at the disposal of the authorities for achieving a variety of macroeconomic goals. While liberalization is found to be broadly conducive to stability, the outcome of liberalization on exchange rate stability is less predictable than on banking sector stability.

Ссылки
текст статьи в формате pdf на сайте Международного валютного фонда (IMF):
http://www.imf.org/external/pubs/ft/wp/2002/wp02139.pdf
BiBTeX
RIS
Ключевые слова

См. также:
James Anderson, Eric van Wincoop
NBER Working Paper Series. 2001.  w8515.
[Статья]
Allan D. Brunner, Kanda Naknoi
IMF Working Paper Series. 2003.  No. 03/54 .
[Статья]
Paul R. Krugman, Maurice Obstfeld
[Книга]
Alberto Alesina, Ignazio Angeloni, Federico Etro
NBER Working Paper Series. 2001.  w8645.
[Статья]
Alexander Yeats, Francis Ng
World Bank Policy Research Working Papers. 2003.  No. 3084.
[Статья]
Ayhan Kose, Eswar S. Prasad, Silva Marco E. Terrones
IMF Working Paper Series. 2003.  No. 03/27 .
[Статья]
Rudiger Dornbusch
NBER Working Paper Series. 1980.  No. 0493.
[Статья]