Our assessment of the agenda is confined to the effectsof two policies: removing restrictions on the movement of capital across acountry's borders (so-calledcapital account liberalization);
我们对此“议程”的评估仅限于两项政策的效果：一、消除资本在国家间的流动限制（所谓的资本账户自由化）。
Capital account liberalization leads to greater capital accumulation, higher employment and technology transfer, but also causes volatility, current capital account deficits and high inflation.
资本账户自由化带来了更大的资本积累，更高的就业和技术转移，但也会导致波动性，目前的资本账户赤字和高通胀。
Capital account liberalization leads to greater capital accumulation, higher employment and technology transfer, but also causes volatility, current capital account deficits and high inflation.
资本账户自由化带来了更大的资本积累，更高的就业和技术转移，但也会导致波动性，目前的资本账户赤字和高通胀。
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