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Sequencing the Liberalization of Financial Markets: Open up domestic banking then free capital flows

Sequencing the Liberalization of Financial Markets: Open up domestic banking then free capital flows »

Source: Finance & Development, March 1988

Volume/Issue: 25/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1988

ISBN: 9781616353728

Keywords: markets, financial markets, finance, monetary fund, domestic financial markets

This paper examines the policy implications of structural changes in financial markets. Domestic financial markets have become less segmented, and the major financial centers more integrated. At the same time, the...