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    What Matters for Financial Development? Capital Controls, Institutions, and Interactions

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    chinn2005-007.pdf (488.0Kb)
    Date
    2005
    Author
    Chinn, Menzie D.
    Ito, Hiro
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    Abstract
    The authors examine links between capital account liberalization, legal and institutional development and financial development. They explore financial opening and equity market development, whether opening the goods sector is a precondition for financial opening and whether a well-developed banking sector is required for financial liberalization to lead to equity market development.
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    http://digital.library.wisc.edu/1793/36202
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    • La Follette Working Papers

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