5Stigihz, J. E. , Financial Market Liberalization, Eco- nomic Growth, and Instability, World Development Vol. 22, No. 3, 1998 : 67 - 87.
6Edwards, S. and Rigobon, R. , Capital controls: ex- change rate volatility and external vulnerability, Journal of Inter- national Economics, 2005 : 256 - 267.
7Edwards, S. Sequencing of Reforms, Financial Global- ization, and Macroeconomic Vulnerability. Journal of the Japa- nese and International Economies, 2009 : 131 - 148.