Research on Opening Up China's Capital Account

Author: Liu Guangcan
Publisher:
Publish Date: 2004-07-01
Features: This book discusses the topic based on the "OECD General Principles of Capital Mobility Liberalization" and the order of opening capital accounts by member countries of the OECD and nearly 40 developing countries, as well as their lessons learned. Comparing the "OECD General Principles of Capital Mobility Liberalization," it conducts a detailed comparative analysis of China's capital account in 16 major categories and 99 items. The book analyzes and studies three international views on the gradual, radical, and intermediate approaches to opening capital accounts, proposing a proactive gradual model for China's capital account opening. On this basis, the book, from a practical perspective, divides China's capital account opening into three levels: already opened accounts, accounts to be opened, and provides a specific order for China's capital account opening.