Capital account liberalization: experience from the emerging market economies

Authors

Mike I. Obadan, University of Benin, Benin

Publisher

Central Bank of Nigeria

Keywords

Capital account, Emerging market, Capital account liberalization

Abstract

The liberalization of the capital account of the balance of payments is rooted in economic theory and is said, can help to bridge savings and foreign exchange gaps in national economics thereby promoting national growth. In the light of the foregoing, this paper explores the experiences of the developing countries in particular, the emerging market economies, in capital account liberalization.

Author Bio

Mike I. Obadan is a Professor of Economics, University of Benin, Benin City, Nigeria.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

44

Recommended Citation

Obadan, Mike I. (2006).Capital account liberalization: experience from the emerging market economies. CBN Economic and Financial Review, (44)4, 89-115.