Are Capital Controls Effective in the 21st Century? : The Recent Experience of Colombia /

This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows and exchange rate dynamics. The results suggest that the controls were successful in reducing external borrowing, but had no statistically significant impact on the volume of non- FDI flows as a whole. W...

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Bibliografski detalji
Glavni autor: Clements, Benedict
Daljnji autori: Kamil, Herman
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2009.
Serija:IMF Working Papers; Working Paper ; No. 2009/030
Online pristup:Full text available on IMF