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Deals with China's World Trade Organization (WTO) accession as a catalyst for full capital account convertibility. Implications of WTO membership for capital account liberalization; Review of China's ...
Deals with the factors China should consider to achieve capital account convertibility. Incident that led to the emergence of such approach; Benefits from capital account liberalization; Analysis of l...
The currency crises afflicting Asia in 1997 and 1998 reopened the debate on the wisdom of capital controls and liberalization of the capital account for emerging market economies. In a world awash i...
The Asian financial crisis has led to questioning, in both academic and policy circles, concerning the wisdom of permitting free crossborder capital movements. Paul Krugman (1998a, 1998b) and Joseph...

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