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• W2273128457 abstract "Globalization has resulted in massive international flows of speculative capital. With its fragile social, economic and financial infrastructure, developing countries will be susceptible to the ills of the flows: periodic booms and busts with financial crises and loss of foreign reserves if they liberalize their financial market. In this paper, we formulate a system that can resolve some important economic dilemmas in Chinese economy. Under the system, China can liberalize its financial sector without suffering from the potential ills and generate stable fiscal revenue from capital flows. This system is applicable to all developing countries that face similar dilemmas as in the Chinese economy." @default.
• W2273128457 created "2016-06-24" @default.
• W2273128457 creator A5010100334 @default.
• W2273128457 date "2011-04-01" @default.
• W2273128457 modified "2023-09-28" @default.
• W2273128457 title "Financial liberalization with macro-stability and fiscal revenue: Resolving economic dilemmas in China" @default.
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