Capital market liberalization and development

Critical policy debates also remain, such as how much government should intervene and what tools are available. Although capital market liberalization might not produce the promised benefits, many economists and policymakers still worry about the costs of intervention. Do these costs exceed the bene...

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Bibliographische Detailangaben
1. Verfasser: Ocampo, José Antonio
Weitere Verfasser: Josè Antonio Ocampo; Joseph E. Stiglitz
Sprache:Undetermined
English
Veröffentlicht: Oxford,New York Oxford University Press 2008
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Thư viện lưu trữ: Trung tâm Học liệu Trường Đại học Trà Vinh
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082 |a 332.0415 
082 |b J434 
100 |a Ocampo, José Antonio 
245 0 |a Capital market liberalization and development 
245 0 |c Josè Antonio Ocampo, Joseph E. Stiglitz 
260 |a Oxford,New York 
260 |b Oxford University Press 
260 |c 2008 
300 |a xii, 375 p. 
300 |b ill. 
300 |c 24 cm 
520 |a Critical policy debates also remain, such as how much government should intervene and what tools are available. Although capital market liberalization might not produce the promised benefits, many economists and policymakers still worry about the costs of intervention. Do these costs exceed the benefits? What are the best kinds of interventions, under what circumstances? To answer these questions, we have to understand why capital market liberalization has failed to enhance growth, why it has resulted in greater instability, why the poor appear to have borne the greatest burden, and why the advocates of capital market liberalization were so wrong. Bringing together some of the leading researchers and practitioners in the field, this volume provides an analysis of both the risks associated with capital market liberalization and the alternative policy options available to enhance macroeconomic management 
650 |a Capital market 
700 |a Josè Antonio Ocampo; Joseph E. Stiglitz 
980 |a Trung tâm Học liệu Trường Đại học Trà Vinh