A Modernized Approach to Managing the Risks in Cross-Border Capital Movements

A Modernized Approach to Managing the Risks in Cross-Border Capital Movements
This paper outlines a "modern" approach to managing risks in cross-border capital movements that is consistent with an environment of increased and liberalized capital flows. Key elements of this approach include: a consistent monetary and exchange rate policy mix to avoid incentives for volatile capital flows; prudential management of the... READ MORE...

Publication date: July 1999
ISBN 9781451972092
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