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| Other authors / contributors: | Tamirisa, Natalia T.
International Monetary Fund. Monetary and Exchange Affairs Department.
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| ISBN: | 9781451904529
1451904525
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| Notes: | Includes bibliographical references (pages 35-37).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
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Print version record.
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| Summary: | Annotation Recourse to controls on capital flows among developing economies is generally quite pervasive. This paper examines the structure and determinants of capital controls based on a cross-sectional study of developing and transition economies. It identifies categories of capital transactions that can be aggregated for analytical purposes. Controls are found to be related to the balance of payments, macroeconomic management, market and institutional evolution, prudential and other factors. the relationship with the balance of payments, however, is not robust to simultaneous equation analysis.
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| Other form: | Print version: Johnston, R.B. Why do countries use capital controls? [Washington, D.C.] : International Monetary Fund, Monetary and Exchange Affairs Department, ©1998
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