Who Needs to Open the Capital Account?

by Arvind Subramanian, Olivier Jeanne, John Williamson

Most countries emerged from the Second World War with capital accounts that were closed to the rest of the world. Since then, a process of capital account opening has occurred, with the result that all developed and many emerging-market countries now have capital accounts that are both de facto and de jure open, while many developing countries also have de facto openness. This study examines this in part by considering some of the first lessons from...

• Format: Paperback
• Language: English
• ISBN: 0881325112
• ISBN13: 9780881325119
• Release Date: June 2011
• Publisher: Peterson Institute for International Economic
• Length: 148 Pages
• Weight: 0.55 lbs.
• Dimensions: 0.5" x 5.9" x 8.9"
• Grade Range: Postsecondary and higher