2005 | OriginalPaper | Chapter
Capital Account Controls and Liberalization: Lessons for India and China
Author : Jonathan Anderson
Published in: India’s and China’s Recent Experience with Reform and Growth
Publisher: Palgrave Macmillan UK
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The extensive literature on capital controls and capital account liberalization in emerging market economies generally identifies two types of capital controls: first, targeted measures aimed at slowing the pace of short-term portfolio inflows and outflows; and second, pervasive restrictions on a broader range of external capital transactions.2