Capital account liberalization and the poor

26 October 2000

This report will consider the linkages between financial and capital account liberalization, the implications for governments’ choice of macroeconomic policies and the impacts on poor people. The effects on poverty are assessed in terms of access to credit, impacts on wages and employment and changes in government spending. The report has been commissioned by the Bretton Woods Project and Oxfam GB to be written by Alex Cobham, Oxford University.

Paper available early December. For further info, or to send relevant papers: