The theoretical link between Capital Account liberalization and Currency Crisis Episodes

Sulimierska, Malgorzata (2008) The theoretical link between Capital Account liberalization and Currency Crisis Episodes. International Journal of Business and Management, 3 (4). pp. 75-95. ISSN 1833-3850

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Abstract

The paper investigates theoretical background if countries with unregulated capital flows are more vulnerable to currency crises. In order to solve this question properly the paper considers sequence, precondition of the Capital Account Liberalization process and different generation of currency crisis models. Furthermore, theoretical studies pointed that the speed and sequence of the CAL process needs to be adequate for the country financial development and financial liberalization.

Item Type: Article
Schools and Departments: University of Sussex Business School > Economics
Depositing User: Malgorzata Sulimierska
Date Deposited: 21 Feb 2012 10:04
Last Modified: 31 Jul 2012 12:51
URI: http://sro.sussex.ac.uk/id/eprint/38071
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