The Liberalization and Management of Capital Flows - An Institutional View

Author: International Monetary Fund

Capital flows have increased significantly in recent years and are a key aspect of the global monetary system.

Volume/Issue: Volume 2012 Issue 023

Publication date:

ISBN:

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Finance , PP , capital flow , capital , liberalization , flow liberalization , financial system , flow management , AREAER capital control entry , liberalization strategy , further capital flow liberalization , Capital flows , Capital account liberalization , Capital flow management , Capital inflows , Financial sector stability , Global

Also of interest

Review of Implementation of IMF Commitments in Support of the 2030 Agenda for...

Implementing Board-Endorsed Recommendations From The 2024 External Evaluation...

2018 Review of Program Design and Conditionality

CD Guidance Note

Summary

Capital flows have increased significantly in recent years and are a key aspect of the global monetary system. They offer potential benefits to countries, but their size and volatility can also pose policy challenges. The Fund needs to be in a position to provide clear and consistent advice with respect to capital flows and policies related to them. In 2011, the International Monetary and Financial Committee (IMFC) called for ?further work on a comprehensive, flexible, and balanced approach for the management of capital flows.? This paper proposes an institutional view to underpin this approach, drawing on earlier Fund policy papers, analytical work, and Board discussions on capital flows.