The New Economics of Capital Controls Imposed for Prudential Reasons+L4888

The New Economics of Capital Controls Imposed for Prudential Reasons+L4888
This paper provides an introduction to the new economics of prudential capital controls in emerging economies. This literature is based on the notion that there are externalities associated with financial crises because individual market participants do not internalize their contribution to aggregate financial instability when they make their... READ MORE...

Publication date: December 2011
ISBN 9781463927844
$18.00

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