TY - GEN AU - Dooley, Michael P. TI - Financial Liberalization and Policy Challenges PY - 2011 Y1 - 2011/02/04 DO - 10.18235/0011548 AB - There is growing discontent with the conventional wisdom concerning economic policy. The unhappy fact seems to be that a stable macroeconomic environment may be necessary but not sufficient to coax the desired outcomes from liberalized financial systems. This paper reviews several promising extensions of the conventional model and discusses their policy implications. UR - https://doi.org/10.18235/0011548 ER -