International Capital Transactions : Should They Be Restricted? /
Some prominent economists and officials contend that government restrictions should be used to limit international capital movements that are considered destabilizing. This paper briefly summarizes the recent usage of such restrictions, discusses their international acceptance and their theoretical...
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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1993.
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| 丛编: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 1993/020 |
| 在线阅读: | Full text available on IMF |
| 总结: | Some prominent economists and officials contend that government restrictions should be used to limit international capital movements that are considered destabilizing. This paper briefly summarizes the recent usage of such restrictions, discusses their international acceptance and their theoretical justification, reviews recent empirical studies of their efficacy, and examines their efficacy in Ireland, Spain, and Portugal during the latter part of 1992. The conclusion is that such restrictions typically have no more than fleeting and minor success in attaining their objectives. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| 实物描述: | 1 online resource (42 pages) |
| 格式: | Mode of access: Internet |
| ISSN: | 1934-7456 |
| 访问: | Electronic access restricted to authorized BRAC University faculty, staff and students |