Böcker av Ying (College of Economics Yirong

This book details the benefits and risks of capital account liberalization and explains how to take an open-door policy, at the appropriate time, in order to reduce the risk to the lowest possible level.

This book details the benefits and risks of capital account liberalization and explains how to take an open-door policy, at the appropriate time, in order to reduce the risk to the lowest possible level. Supplying a complete mathematical analysis framework for the study of the problem of capital account liberalization, it presents a few important models that have been developed for the study of capital account liberalization. The book conveys cutting-edge results while providing a general, yet simple analysis framework, enriched with practical experiences from developing countries.