Capital Account Liberalization, Capital Flow Patterns, and Policy Responses in the EU's New Member States »
Series: IMF Working Papers
Author(s): Zsófia Árvai
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2005
Keywords: EU accession, capital account, capital inflows, current account, Financial Markets and the Macroeconomy, Financial Aspects of Economic Integration,
This paper discusses the experience of the EU's eight new member countries (EU8) between 1995 and 2003 when the bulk of capital account liberalization took place, focusing on interest-rate-sensitive portfolio flows...