Related Papers

• Implementation Plan in Response to The Board-Endorsed Recommendations from the IEO Evaluation on IMF Advice on Capital Flows

  August 10, 2021

  The actions in this document aim at • Bringing the Fund’s framework for advice on capital flow policies up to date with recent research and lessons from experience.

• Toward an Integrated Policy Framework

  October 8, 2020

  The paper reflects staff’s work to advance the understanding of the policy options and tradeoffs available to policymakers in a systematic and analytical way.

• The IMF’s Institutional View on Capital Flows in Practice

  July 30, 2018

  Since its adoption in 2012, the IMF’s Institutional View (IV) on capital flows has provided a macroeconomic framework for consistent policy advice on liberalizing and managing capital flows, with the goal of helping countries harness the benefits of capital flows while managing the risks.

• Increasing Resilience to Large Volatile Capital Flows: The Role of Macroprudential Policies

  July 5, 2017

  Capital flows can deliver substantial benefits for countries, but also have the potential to contribute to a buildup of systemic financial risk.

• Capital Flows—Review of Experience with the Institutional View

  November 7, 2016

  Capital flows are an important aspect of the international monetary system. They provide significant benefits, both direct and indirect. At the same time, they also carry risks, and a key challenge for countries is how to harness the benefits while managing the risks.

• Managing Capital Outflows—Further Operational Considerations

  December 3, 2015

  IMF staff regularly produces papers proposing new IMF policies, exploring options for reform, or reviewing existing IMF policies and operations.

• Staff Guidance Note on Macroprudential Policy—Considerations for Low Income Countries

  November 6, 2014

  This document was issued to the Executive Board for information as a supplement to the Staff Guidance Note on Macroprudential Policy.

• Staff Guidance Note on Macroprudential Policy

  November 6, 2014

  This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance.

• Key Aspects of Macroprudential Policy

  June 10, 2013

  Building on recent advances, this paper provides a framework to inform the IMF’s country-specific advice on macroprudential policy.

• Guidance Note for the Liberalization and Management of Capital Flows

  April 25, 2013

  This note provides operational guidance to staff on the use of the Fund’s institutional view on the liberalization and management of capital flows.

• The Liberalization and Management of Capital Flows: An Institutional View

  November 14, 2012

  Capital flows have increased significantly in recent years and are a key aspect of the global monetary system. They offer potential benefits to countries, but their size and volatility can also pose policy challenges.