| Description |
1 online resource (35 pages) : illustrations |
| Series |
IMF working paper, 2227-8885 ; WP/02/214 |
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IMF working paper ; WP/02/214.
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| Summary |
The paper investigates the factors that have influenced WTO members to take on their chosen level of liberalization commitments in the framework of liberalization of trade in financial services and the impact of such commitments on financial sector stability. The most important factors are economic growth, current account, trends in banking sector development, policy restrictiveness, and peer group effects. The econometric evidence suggests that more liberal commitments may be associated with greater vulnerability to currency and banking crises-most likely a short-term effect, which should be mitigated with time through increased market efficiency and better resource allocation |
| Bibliography |
Includes bibliographical references (pages 33-35) |
| Notes |
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 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
World Trade Organization.
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| SUBJECT |
World Trade Organization fast |
| Subject |
Financial services industry.
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Free trade.
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Banks and banking.
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Financial crises.
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banks (institutions)
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Banks and banking
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Financial crises
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Financial services industry
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Free trade
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| Form |
Electronic book
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| Author |
International Monetary Fund. Office in Geneva.
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| ISBN |
128351477X |
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9781283514774 |
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145191959X |
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9781451919592 |
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1462390021 |
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9781462390021 |
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1452797455 |
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9781452797458 |
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9786613827227 |
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6613827223 |
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9781451875003 |
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1451875002 |
|
