It takes the average reader and 47 minutes to read The Impact of Controlson Capital Movementson the Private Capital Accounts of Countries' Balance of Payments by Mr.R. B. Johnston
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This paper reports research on the impact of controls on capital movements on the private capital accounts of countries’ balance of payments using data drawn from 52 countries for the period 1985-92. The results indicate that: (1) capital controls operated by developing countries have not been effective in insulating the private capital accounts of these countries’ balance of payments, and (2) capital controls operated by industrial countries significantly affected the structure of their capital flows mainly by inhibiting net foreign direct and portfolio investment outflows. The results, which are consistent with other observations, raise issues for the policy toward the maintenance and liberalization of controls on capital movements by developing countries.
The Impact of Controlson Capital Movementson the Private Capital Accounts of Countries' Balance of Payments by Mr.R. B. Johnston is 46 pages long, and a total of 11,776 words.
This makes it 16% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read The Impact of Controlson Capital Movementson the Private Capital Accounts of Countries' Balance of Payments aloud.
The Impact of Controlson Capital Movementson the Private Capital Accounts of Countries' Balance of Payments is suitable for students ages 8 and up.
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