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...

Full description

Bibliographic Details
Main Author: Fieleke, Norman
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1993
Series:IMF Policy Discussion Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02446nmm a2200589 u 4500
001 EB000930519
003 EBX01000000000000000724115
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451963892 
100 1 |a Fieleke, Norman 
245 0 0 |a International Capital Transactions  |b Should They Be Restricted?  |c Norman Fieleke 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1993 
300 |a 42 pages 
651 4 |a Spain 
653 |a Interbank rates 
653 |a Interest rates 
653 |a Government and the Monetary System 
653 |a Payment Systems 
653 |a Finance 
653 |a Short-term Capital Movements 
653 |a Monetary economics 
653 |a Currency; Foreign exchange 
653 |a Regimes 
653 |a Financial services 
653 |a Current Account Adjustment 
653 |a Balance of payments 
653 |a Long-term Capital Movements 
653 |a Exports and Imports 
653 |a International economics 
653 |a Money 
653 |a Capital flows 
653 |a Foreign Exchange 
653 |a Standards 
653 |a Capital controls 
653 |a Banks and Banking 
653 |a Currencies 
653 |a Monetary Systems 
653 |a Interest Rates: Determination, Term Structure, and Effects 
653 |a Capital movements 
653 |a Exchange rates 
653 |a Money and Monetary Policy 
653 |a Foreign exchange 
653 |a International Investment 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Policy Discussion Papers 
028 5 0 |a 10.5089/9781451963892.003 
856 4 0 |u https://elibrary.imf.org/view/journals/003/1993/020/003.1993.issue-020-en.xml?cid=1478-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a 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