International investment rules and capital mobility |
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Authors: | Brigid Gavin Jerôme Haegeli |
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Institution: | (1) Global Development and Environment Institute, Tufts University, 44 Teele Ave, Somerville, MA 02144, USA |
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Abstract: | In the wake of the Asian financial crisis a number of questions related to free movement of capital are being reconsidered. Is it desirable to have full capital mobility for emerging market economies? Will capital account liberalisation lead to a growing number of financial crises which will threaten the stability of the international financial system? |
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