This is a preview. Log in through your library . Abstract During the 80's and 90's, the increase in financial instability shook up the idyllic vision of the financial liberalization in developed ...

A country that is liberalizing its capital account faces the challenges of strengthening financial institutions to ensure they are capable of operating in a more market-oriented system and deciding ...

A fundamental issue in undertaking capital account liberalization is how to reap the benefits from capital market access while coping safely with the risks associated with international capital flows.

Financial liberalization in China has broad implications, including changing how its central bank’s monetary policy affects the nation’s economy. An estimate of Chinese economic activity and inflation ...

When members of Ethiopia’s banking and business community gathered in the glitzy Sheraton Addis for an audience with the reform-minded new prime minister, Abiy Ahmed, in the middle of April, any hopes ...

Since September 2013 China has been operating a new form of free trade zone (FTZ) based in a small area of Shanghai, called the China (Shanghai) Pilot Free Trade Zone (SPFTZ). Only 28 square ...

Amid all of the aggressive market reform that has taken place in China over the past 30 years, the country’s financial and capital markets are a glaring exception. Capital controls restrict flows of ...

The Shanghai free-trade zone (FTZ), China’s grand experiment with liberalizing interest rates and opening its capital account, has only a short window of opportunity to convince the markets that the ...

“OUR banks earn profit too easily. Why? Because a small number of large banks have a monopoly.” So declared Wen Jiabao, China’s former prime minister, two years ago. He went on to say that the only ...

SHANGHAI, July 1 (Reuters) - The Shanghai government has shortened its list of sectors where foreign investment is be banned or restricted within the new Shanghai free trade zone (FTZ), but the ...