Why do emerging markets liberalize capital outflow controls? Fiscal versus net capital flow concerns
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In this paper, we provide empirical evidence on the factors that motivated emerging economies to change their capital outflow controls in the recent decades. Liberalization of capital outflow controls can allow emerging market economies (EMEs) to reduce net capital inflow (NKI) pressures, but may
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美国国家经济研究局创建时间：
2013-03-01
