American Economic Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
Capital Flow Management
American Economic Review
vol. 102,
no. 3, May 2012
(pp. 203–06)
Abstract
There is a wide variety in the capital account policies of emerging markets and developing economies. Some countries, such as Brazil, have recently experimented with prudential controls on capital inflows, whereas others, such as China, have continued to maintain tight controls. This paper reviews the recent theoretical literature explaining the motivations behind capital account policies, and whether there is a case for international coordination in this area.Citation
Jeanne, Olivier. 2012. "Capital Flow Management." American Economic Review, 102 (3): 203–06. DOI: 10.1257/aer.102.3.203JEL Classification
- F32 Current Account Adjustment; Short-term Capital Movements
- G01 Financial Crises