01659cas a2200241 a 4500 AALejournalIMF004802 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451963892 1934-7456 BD-DhAAL BD-DhAAL Fieleke, Norman. International Capital Transactions : Should They Be Restricted? / Norman Fieleke. Washington, D.C. : International Monetary Fund, 1993. 1 online resource (42 pages) IMF Policy Discussion Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1993/020 Full text available on IMF http://elibrary.imf.org/view/journals/003/1993/020/003.1993.issue-020-en.xml IMF e-Library