Liberalizacja przepływów kapitałowych - korzyści i zagrożenia

• Autorzy: Małgorzata Janicka

Warianty tytułu

Capital Account Liberalization - Benefits and Costs

• Języki publikacji: PL

Abstrakty

Jednym z najistotniejszych elementów globalizacji rynków finansowych jest liberalizacja przepływów kapitałowych. Włączanie się kraju w struktury międzynarodowego rynku finansowego niesie korzyści, ale także zagrożenia. Znosząc ograniczenia w stosunku do przepływów kapitałowych, kraje oczekują przede wszystkim zdynamizowania rozwoju gospodarczego zarówno w wymiarze ilościowym (postrzeganym poprzez pryzmat wzrostu gospodarczego), jak i jakościowym (wzrost poziomu konkurencji na rynku). Likwidacja ograniczeń oznacza jednak pojawienie się również zagrożeń, z których najistotniejsze to możliwość zachwiania stabilności finansowej kraju. Celem artykułu jest przedstawienie kosztów i korzyści, które mogą stać się udziałem kraju dokonującego liberalizacji przepływów kapitałowych. (abstrakt oryginalny)

EN

One of the most important elements of financial markets' globalization is capital account liberalization. Joining the international financial markets can bring both benefits and costs to the given country. Having removed obstacles to the free flow of capital countries expect a more dynamic economic development in quantitative (owing to economic growth) and qualitative (a more competitive environment) aspects. Eliminating the remaining barriers leads, however, to the possibility of some distortions in the economy coming out, the loss of financial stability being the most important. The main aim of the paper is the presentation of benefits and costs which may appear in the country introducing capital account liberalization. (original abstract)

Słowa kluczowe

PL

Globalizacja rynków finansowych; Liberalizacja przepływów kapitałowych; Wzrost gospodarczy; Kryzys walutowy; Stabilność finansowa

EN

Globalization of financial market; Capital flows liberalization; Economic growth; Currency crisis; Financial sustainability

• Czasopismo: Bank i Kredyt
• Rocznik: 2008
• Numer: nr 3
• Strony: 34--49

Twórcy

autor

Małgorzata Janicka

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