Macroeconomic analyses of capital controls face a number of imposing challenges and have yielded mixed results to date. This paper takes a different approach and surveys an emerging literature that evaluates various microeconomic effects of capital controls and capital account liberalization. Several key themes emerge. First, capital controls tend to reduce the supply of capital, raise the cost...

In the process of traditional economy transforming into modern economy in china, farmer’s diversification phenomena has arisen and developed and will continue a long time in the future. Accordingly, the general economic type of farmer diversification will effect on the rural source allocation. The land use behavior characteristics of diversification farmer are the aims of the study. Theoretic a...