Results 21 to 30 of about 17,262,762 (323)

Capital mobility. An overview

open access: yesPSL Quarterly Review, 2012
The article analyses the problem of international capital mobility which the Asian crisis has highlighted. It points out that the problem of capital mobility ("hot money" panics) has a long history, but globalization, the opening up of national ...
H. W. Arndt
doaj   +1 more source

Capital Controls, Political Institutions, and Economic Growth: A Panel and Cross Country Analysis [PDF]

open access: yes, 2007
Statistical studies on the effects of capital controls on growth have generally yielded insignificant results. In this paper, we show that capital controls negatively affect growth in authoritarian countries, while growth in democratic countries is ...
Shanker Satyanath, Shanker Satyanath
core   +1 more source

Capital Controls: Theory and Evidence

open access: yesJournal of Economic Literature, 2019
This paper synthesizes recent advances in the theoretical and empirical literature on capital controls. We start by observing that international capital flows have both benefits and costs, but some of these are not internalized by individual actors and ...
Bilge Erten   +2 more
semanticscholar   +1 more source

Dampen macroeconomic volatility: a useful role of capital controls on international trade

open access: yesJournal of Applied Economics, 2022
Capital controls may adversely affect international trade. This study aims to demonstrate the usefulness of capital controls for reducing macroeconomic volatilities and then mitigating their negative effects on international trade.
Chokri Zehri
doaj   +1 more source

Capital Controls: A Survey of the New Literature

open access: yesOxford Research Encyclopedia of Economics and Finance, 2019
This paper reviews selected post–Global Financial Crisis theoretical and empirical contributions on capital controls and identifies three theoretical motives for the use of capital controls: pecuniary externalities in models of financial crises ...
Chang Ma, A. Rebucci
semanticscholar   +1 more source

Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten

open access: yesJournal of Banking and Financial Economics, 2015
Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different from their emerging market counterparts. The current
Carmen M. Reinhart, Kenneth S. Rogoff
doaj   +1 more source

Institutions and social capital in group lending [PDF]

open access: yesRussian Journal of Economics, 2021
Formal institutions and social capital interact with each other in multiple ways. We argue and show empirically at the cross-country level that in the case of group lending, contract enforcement complements bonding social capital and substitutes for ...
Michael Alexeev   +2 more
doaj   +3 more sources

From liberalizing reforms to post-global financial crisis times: how the IMF changed its view on capital account liberalization and capital controls

open access: yesEconomia e Sociedade, 2023
The view of the International Monetary Fund (IMF) on capital account liberalization and capital controls has undergone important reassessments over the past two and a half decades.
Diego Angelico   +1 more
doaj   +1 more source

Capital Controls: A Normative Analysis [PDF]

open access: yesSSRN Electronic Journal, 2013
Countries' concerns about the value of their currency have been studied and documented extensively in the literature. Capital controls can be — and often are — used as a tool to manage exchange rate fluctuations. This paper investigates whether countries can benefit from using such a tool.
De Paoli, Bianca, Lipinska, Anna
openaire   +4 more sources

Country risk endogeneity, capital flows and capital controls in Brazil

open access: yesBrazilian Journal of Political Economy, 2020
The main goal of the paper is to analyze the relationship between capital flows, country risk, capital controls and interest rate differential in Brazil since the mid of 90s. We know how controversial is the role and the effectiveness of capital controls
FLÁVIO VIEIRA, MÁRCIO HOLLAND
doaj   +1 more source

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