International Capital Transactions : Should They Be Restricted? /

Some prominent economists and officials contend that government restrictions should be used to limit international capital movements that are considered destabilizing. This paper briefly summarizes the recent usage of such restrictions, discusses their international acceptance and their theoretical...

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Detaylı Bibliyografya
Yazar: Fieleke, Norman
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1993.
Seri Bilgileri:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1993/020
Online Erişim:Full text available on IMF
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245 1 0 |a International Capital Transactions :   |b Should They Be Restricted? /  |c Norman Fieleke. 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a Some prominent economists and officials contend that government restrictions should be used to limit international capital movements that are considered destabilizing. This paper briefly summarizes the recent usage of such restrictions, discusses their international acceptance and their theoretical justification, reviews recent empirical studies of their efficacy, and examines their efficacy in Ireland, Spain, and Portugal during the latter part of 1992. The conclusion is that such restrictions typically have no more than fleeting and minor success in attaining their objectives. 
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830 0 |a IMF Policy Discussion Papers; Policy Discussion Paper ;  |v No. 1993/020 
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