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Unformatted text preview: a safety net for instability. Instability has marked distributional consequences, and developing countries have inadequate stability. FPI is volatile. b. How can a developing country intervene to make capital market liberalization successful? Make more long term FDI, transparency, and accountability/strength...
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This note was uploaded on 09/30/2011 for the course ECN 115B 115B taught by Professor Wilson during the Spring '09 term at UC Davis.
- Spring '09