Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Office in Geneva.
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| ISBN: | 1451901216
9781451901214
146238823X
9781462388233
1452781494
9781452781495
1282109650
9781282109650
9786613802545
6613802549
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| Notes: | Includes bibliographical references (pages 21-27).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | The paper explores empirically the links between the WTO-driven liberalization of trade in financial services and the stability of national financial systems. Econometric testing of indicators intended to proxy financial sector stability-subdivided into exchange rate and banking sector stability-suggests that opening of the financial sector is an efficient policy instrument at the disposal of the authorities for achieving a variety of macroeconomic goals. While liberalization is found to be broadly conducive to stability, the outcome of liberalization on exchange rate stability is less predictable than on banking sector stability.
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| Other form: | Print version: Kireyev, Alexei. Liberalization of trade in financial services and financial sector stability. [Washington, D.C.] : International Monetary Fund, ©2002
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| Standard no.: | 10.5089/9781451901214.001
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