International Monetary Fund


Washington, DC, April 16, 2013

Rethinking Macro Policy II: First Steps and Early Lessons

SESSION VI: Capital Account management

Controls, reserves, international provision of liquidity


Duvvuri Subbarao

Dr. Duvvuri Subbarao has been Governor of the Reserve Bank of India since September 2008.

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José de Gregorio

José de Gregorio Rebeco was the Governor of the Central Bank of Chile.

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Márcio Holland de Brito

Márcio Holland de Brito is Secretary of Economic Policy for the Brazilian Ministry of Finance since 2011.

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Growth and exchange rate volatility: a panel data analysis. Applied Economics 45:26, 2013
Financial dollarization and systemic risks: New empirical evidence. Journal of International Money and Finance 31 (6), 2012
Systemic Risk, Dollarization, and Interest Rates in Emerging Markets: A Panel-Based Approach. World Bank Economic Review, 23(1), 2009

Hélène Rey

Hélène Rey is Professor of Economics at London Business School.

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Banks and cross-border capital flows: Policy challenges and regulatory responses
Reforming the International Monetary System