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Book Cover
Author Kireyev, Alexei.

Title Liberalization of trade in financial services and financial sector stability : empirical approach / Alexei Kireyev
Published [Washington, D.C.] : International Monetary Fund, [2002]
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Description 1 online resource (27 pages) : illustrations
Series IMF working paper ; WP/02/139
IMF working paper ; WP/02/139
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
Bibliography Includes bibliographical references (pages 21-27)
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. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Financial services industry -- Econometric models.
Free trade -- Econometric models.
International finance -- Econometric models.
Form Electronic book
Author International Monetary Fund. Office in Geneva.
ISBN 1451901216