This is an opinion editorial by Craig Deutsch, organizer of Asheville Bitcoiners, designer of The Bitcoin Game and junior editor at Bitcoin Magazine. You may have seen or heard about people in Lebanon ...
While capital controls were the accepted economic orthodoxy of the 1950s and 1960s, they became distinctly heterodox and attracted the ire of the International Monetary Fund by the early-1990s. After ...
Russia has decided not to implement partial capital controls following speculation that the extreme measure was being considered to stem the falling ruble, the Russian business newspaper Vedomosti ...
Thinking back to my time on the Fund staff more than a decade ago, I don’t think the advice was really much different then. Yes, the Fund’s public statements were strongly anti-capital controls and ...
The financial crises in the 1990s resurrected the debate on whether emerging markets should stay open to foreign capital or impose capital controls. The stakes are high. Why lift capital Controls?
(Bloomberg) -- Russia’s government is reimposing tougher capital controls over the objections of the central bank, according to people familiar with the matter, acting to keep a closer grip on the ...
In the wake of the East Asian, Russian, and Brazilian currency crises of the 1990s, a growing chorus of observers and economists (for example, Radelet and Sachs 1998, and Stiglitz 2000) has argued ...
This paper borrows the tradition of estimating policy reaction functions from monetary policy literature to ask whether capital controls respond to macroprudential or mercantilist motivations. I ...
Today China is spending about 1% of its GDP a month to keep its currency from appreciating - it is on track to spend about 15% of its GDP fighting appreciation this year. And unless something changes, ...
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