Managing Capital Flows: What Tools to Use?

The use of capital controls is an old issue. It arose in the 1930s and is steeped with ideological overtones. It sparked controversy even at the inception of the International Monetary Fund (IMF). Two of the IMF’s founders issued the following statements as regards the subject of capital flow restri...

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Bibliographic Details
Main Author: Jonathan D. Ostry
Format: Article
Language:English
Published: World Scientific Publishing 2012-06-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110512500047
Description
Summary:The use of capital controls is an old issue. It arose in the 1930s and is steeped with ideological overtones. It sparked controversy even at the inception of the International Monetary Fund (IMF). Two of the IMF’s founders issued the following statements as regards the subject of capital flow restrictions...
ISSN:0116-1105
1996-7241