Cover Image
Read Now

A Modernized Approach to Managing the Risks in Cross-Border Capital Movements

This paper outlines a "modern" approach to managing risks in cross-border capital movements that is consistent with an environment of increased and liberalized capital flows. Key elements of this approach include: a consistent monetary and exchange rate policy mix to avoid incentives for v...

Full description

Bibliographic Details
Main Author: Ötker, Inci
Other Authors: Johnston, R.
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1999
Series:IMF Policy Discussion Papers
Subjects:
Short-term Capital Movements
Exchange Rates
Capital Flows
Currency
Capital Movements
International Investment
Factor Movement
Exchange Rate Policy
Development Planning And Policy: Trade Policy
Balance Of Payments
International Economics
Exports And Imports
Monetary Policy
Current Account Adjustment
Foreign Exchange
Exchange Rate Flexibility
Long-term Capital Movements
Capital Controls
Foreign Exchange Policy
Financial Institutions And Services: Government Policy And Regulation
Malaysia
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper outlines a "modern" approach to managing risks in cross-border capital movements that is consistent with an environment of increased and liberalized capital flows. Key elements of this approach include: a consistent monetary and exchange rate policy mix to avoid incentives for volatile capital flows; prudential management of the specific risks in capital flows; supporting financial sector reforms; and appropriate sequencing of liberalization. The approach can reduce the potential size of the shocks associated with capital movements and increase the resilience of the financial system to such shocks when they occur; overtime, it is expected to reduce the need for recourse to capital controls
Physical Description:24 pages
ISBN:9781451972092

Similar Items