Review of The Institutional View on The Liberalization and Management of Capital Flows — Background Note on Capital Flows and Capital Flow Management Measures — Benefits and Costs
March 30, 2022
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The Fund’s Institutional View (IV) recognizes the benefits of and risks associated with capital flows. Since the IV was adopted, a growing literature has provided additional insights into the benefits and risks from capital flows. This note summarizes the insights from the recent literature and the experiences of staff since the adoption of the IV that have informed this review.
Subject: Balance of payments, Capital flow management, Capital flows, Capital inflows, Foreign exchange, Institutional View on capital flows, Monetary policy, Political economy
Keywords: background note 1, Capital flow management, capital flow management measure, Capital flows, Capital inflows, CFMs in country, design of cfm, Global, inflow CFMs, Institutional View on capital flows
Pages:
23
Volume:
2022
DOI:
Issue:
009
Series:
Policy Paper No. 2022/009
Stock No:
PPEA2022009
ISBN:
9798400205491
ISSN:
2663-3493
