Washington, DC, March 7 and 8, 2011
Macro and Growth Policies in the Wake of the Crisis
SESSION IV: Capital Account Management
The crisis revealed the tight links that financial globalization has created across countries. Initially, large capital outflows created serious funding problems in many economies. Now, we are seeing the tensions coming from large capital inflows. Many emerging market countries are considering—and some are actually implementing—capital controls, blaming policies in advanced countries for generating excessive and volatile capital flows.
Where do we stand on the issue of financial openness?
Zanny Minton-Beddoes is The Economist’s Economics Editor, based in Washington DC. She oversees the magazine’s global economics coverage, managing a team of writers around the world.More
|Ricardo J. Caballero|
Ricardo J. Caballero is the Head of the Department of Economics, the Ford International Professor of Economics, and Co-Director of the World Economic Laboratory at the Massachusetts Institute of Technology, and an NBER Research Associate in economic fluctuations and growth.More
Arminio Fraga Neto is Chairman and CIO at Gavea Investimentos, an investment management firm he founded in August 2003, based in Rio de Janeiro, Brazil.More
Rakesh Mohan is currently Professor of in the Practice of International Economics and Finance at the School of Management and Senior Fellow of the Jackson Institute for Global Affairs at Yale University.More
|José Antonio Ocampo|
José Antonio Ocampo, a Colombian citizen, holds a B.A. in Economics and Sociology from the University of Notre Dame (1972), and a Ph.D. in Economics from Yale University (1976).More