{
  "title": "Capital Account Liberalization and Economic Performance: Survey and Synthesis",
  "publication": "IMF Working Papers, July 1, 2002",
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  "summary": "This paper reviews and discusses issues involved in assessing the relationship between capital account liberalization and economic performance. First, it discusses the different measures of restrictions used in the literature.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Paper reviews and discusses issues involved in assessing the relationship between capital account liberalization and economic performance.\n- Three core components:\n  - Discussion of the different measures of restrictions used in the literature.\n  - Review of the literature on the relationship between growth and capital account liberalization.\n  - Identification and explanation of differences in results across studies and provision of some support for a positive effect of capital account liberalization on growth, especially for developing countries."
    },
    {
      "heading": "Key findings and conclusions",
      "content": "- The paper provides a survey of measures used to quantify capital account restrictions and openness.\n- The literature review synthesizes evidence on the relationship between capital account liberalization and economic growth.\n- The authors identify sources of heterogeneity across empirical studies that help explain differing results.\n- The paper offers some support for a positive effect of capital account liberalization on growth, with emphasis on effects for developing countries."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Capital account, Capital account liberalization, Capital controls, Capital flows, Stock markets\n- Keywords: capital account control account, capital account openness, OECD country, WP\n\n---\n\n Content in this bundle\n\n- Capital Account Liberalization and Economic Performance: Survey and Syntesis - WP/02/120\n  - Capital Account Liberalization and Economic Performance: Survey and Syntesis - WP/02/120 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Capital Account Liberalization and Economic Performance: Survey and Syntesis - WP/02/120 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/capital-account-liberalization-and-economic-performance-survey-and-synthesis-15912"
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    "Authors: Torsten M Sloek, Michael W Klein, Luca A Ricci, Hali J Edison",
    "Published: July 1, 2002",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451854282.001",
    "Paper reviews and discusses issues involved in assessing the relationship between capital account liberalization and economic performance.",
    "Three core components:",
    "The paper provides a survey of measures used to quantify capital account restrictions and openness.",
    "The literature review synthesizes evidence on the relationship between capital account liberalization and economic growth.",
    "The authors identify sources of heterogeneity across empirical studies that help explain differing results.",
    "The paper offers some support for a positive effect of capital account liberalization on growth, with emphasis on effects for developing countries.",
    "Subject: Capital account, Capital account liberalization, Capital controls, Capital flows, Stock markets",
    "Keywords: capital account control account, capital account openness, OECD country, WP",
    "**Capital Account Liberalization and Economic Performance: Survey and Syntesis - WP/02/120**"
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