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Author/Editor:
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Ghosh, Atish ; Habermeier, Karl ; Ostry, Jonathan ; Chamon, Marcos ; Laeven, Luc ; Qureshi, Mahvash Saeed ; Kokenyne, Annamaria
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Publication Date:
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April 05, 2011
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Electronic Access:
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Free Full text
(PDF file size is 937KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
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Summary:
A staff policy note on the above topic is under preparation, and the target delivery date is December 2010. The note will look at a number of issues, including: possible tensions between the prudential case for capital controls and the macroeconomic case; the role of capital controls and other prudential regulations in limiting the risks associated with the boom-bust cycle in capital flows (and the nature of policy prescriptions as a function of the underlying risks facing the economy—credit risk, currency risk, excessive foreign borrowing either directly from abroad or by the banking system—and institutional/administrative constraints); and design of capital controls themselves (taxes, URRs, quantitative restrictions) as a function of country characteristics.
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Order a print copy
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Series:
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Staff Discussion Notes No. 11/6
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Subject(s):
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Capital inflows | Capital controls | Debt sustainability | Financial stability | Macroprudential Policy
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Author's Keyword(s):
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Capital inflows | capital controls | prudential tools |
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English
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Publication Date:
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April 05, 2011
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ISBN/ISSN:
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9781463926540
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Format:
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Paper
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Stock No:
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SDNEA2011006
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Pages:
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41
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Price:
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US$20.00 )
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English
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Publication Date:
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April 05, 2011
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ISBN/ISSN:
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978-1-61635-076-5 / 2072-3202
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Format:
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A web quality merged PDF
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Stock No:
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SDNET2011006
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Pages:
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41
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Price:
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Please address any questions about this title to
publications@imf.org
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