Bulletin n. 2-3/2012 | ||
October 2012-February 2013 | ||
Jeanne Olivier |
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Capital Flow Management | ||
in American Economic Review , Vol. 102, No. 3, May 2012 , 2012 , 203–06 | ||
There is a wide variety in the capital account policies of emerging markets and developing economies. Some countries, such as Brazil, have recently experimented with prudential controls on capital inflows, whereas others, such as China, have continued to maintain tight controls. This paper reviews the recent theoretical literature explaining the motivations behind capital account policies, and whether there is a case for international coordination in this area. | ||