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Capital Controls and the National Advantage: India in the 1990s and Beyond.

Abstract:
Capital controls played a crucial role in insulating India from the East Asian crisis and from volatile capital flows in the 1990s more generally. In the near future, India would be well advised to continue its cautious approach to capital account convertibility. India's experience holds some lessons for other developing countries and for the redesign of the international financial architecture.

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Journal:
Oxford Development Studies
Volume:
29
Publication date:
2001-01-01
URN:
uuid:ce7111ba-8dcf-4ccd-a8d9-110736a99c74
Local pid:
oai:economics.ouls.ox.ac.uk:11201
Language:
English

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