Markets

Perils of financial openness

Name: Perils of financial openness
Uploaded: 2013-06-13T16:05:55.017Z
Duration: 5 min 19 s
Channel: Financial Times
Description: Hélène Rey on the thin evidence that capital inflows boost growth

Economic theory suggests opening your capital account will be rewarded with faster growth. Hélène Rey, professor of economics at London Business School, explains to FT leader writer Ferdinando Giugliano why the risks often trump the benefits.

June 13, 2013

Filmed by Rod Fitzgerald. Produced by Darryl Thomson.