Liberalization of the capital accounts from theoretical and practical point of views

Abstract

Capital liberalization has become a common trend in the countries having the market economy which integrated themselves with the world economy and Vietnam is no exception, especially since Vietnam has been admitted to the WTO.

Nevertheless Vietnam is a late member and still remains inexperienced, as a result Vietnam needs to learn from other countries both in their appropriate policy and road map for capital liberalization.

Contents of this article include:

1. General theory on capital accounts anf liberalization of capital accounts

2. The conditions for liberalization of the capital accounts

3. Road map for liberalization of the capital accounts

4.  Experiences from a number countries