upcarta
  • Sign In
  • Sign Up
  • Explore
  • Search

Capital Controls: Country Experiences with Their Use and Liberalization

  • Article
  • May 17, 2000
  • #PoliticalEconomy
Akira Ariyoshi
@AkiraAriyoshi
(Author)
Karl Habermeier
@KarlHabermeier
(Author)
Bernard J. Laurens
@BernardJLaurens
(Author)
Inci Otker-Robe
@InciOtkerRobe
(Author)
Jorge Iván Canales-Kriljenko
@JorgeIvnCanalesKriljenko
(Author)
Andrei Kirilenko
@AndreiKirilenko
(Author)
www.imf.org
Read on www.imf.org
1 Recommender
1 Mention
This paper aims to develop a deeper understanding of the role that capital controls may play in coping with volatile movements of capital, and of complex issues surrounding capital... Show More

This paper aims to develop a deeper understanding of the role that capital controls may play in coping with volatile movements of capital, and of complex issues surrounding capital account liberalization. It provides a detailed analysis of specific country cases to shed light on the potential benefits or costs of capital controls, including those used in crisis situations. It also considers the important link between prudential policies and capital controls, including the improvement of prudential practices and accelerated financial sector reform to address the risks involved in cross-border transactions. Chapter II reviews the experience of selected countries with the use or removal of capital controls based on a detailed review and comparison of the experience of a group of 14 countries that used various types of capital controls, often to manage episodes of unsustainable capital flows. Chapter III examines the prudential approach to managing the risks associated with capital flows, and Chapter IV provides some conclusions.

Show Less
Recommend
Post
Save
Complete
Collect
Mentions
See All
Cullen Roche @cullenroche · Dec 30, 2021
  • Post
  • From Twitter
This is an excellent paper on understanding real world experiences with price controls to manage inflation. "The evidence presented in this paper supports the conclusion that capital controls cannot substitute for sound macroeconomic policies."
  • upcarta ©2025
  • Home
  • About
  • Terms
  • Privacy
  • Cookies
  • @upcarta