| Publisher | Federal Reserve Bank of St. Louis | ||
|---|---|---|---|
| Format | 316.9KB PDF, requires Acrobat Rdr 5 | Date added | 11 Dec 1999 |
| Topics | Accounting Applications | ||
| Downloads | 18 | ||
The purpose of this article is to introduce readers to the debate on capital controls, to explain the purposes and costs of controls and why some advocate their reintroduction. To lay the groundwork for understanding restrictions on capital flows, the next section of the article describes capital flows and their benefits. The third section characterizes the most common objectives of capital controls with an emphasis on the recent debate about using controls to foster macroeconomic stability. Then the many types of capital controls are distinguished from each other and their effectiveness and costs are considered.
Did you find this white paper useful?
18 out of 32 users found this white paper useful
Related white papers
Oracle Case Study: Pentagon Federal Credit Union
Pentagon Federal Credit Union, headquartered in Alexandria, Virginia, was organized and chartered for the purpose of promoting thrift among its members and creating a source of credit for provident or...
Oracle Case Study: URS
With more than 300 offices, 27,000 employees, and operations in more than 20 countries, URS is a global leader in engineering services. With accounting and project management processes slowed by...
Case Study for Oracle Applications R11i Implementation
The client is a provider of technology-based business solutions focused on getting businesses to market faster with better, more robust systems. The client experienced explosive growth in the last five...
The Dirty Little Secret of Accounts Payable Is...
The "Dirty Little Secret" of Accounts Payable is ... it costs a lot to pay a bill. According to a Hackett Benchmark Study, world-class invoice processing is over $10 less...
Getting Ready for IFRS
Successful businesses around the globe have shown time and again that what at first glance may appear as a difficult and costly change in regulation can be an opportunity for...
Smooth Transition: Preparing for IFRS
The SEC proposes that 2014 be the first year for US registered companies to file their financial statements in International Financial Reporting Standards (IFRS) format. This white paper covers...
Managing Risk & Uncertainty - An Executive's Guide to Integrated Bus Planning
A time of unprecedented market volatility and competition calls for a new business strategy. Integrated business planning can help you keep your finger on the market pulse, reduce planning iterations,...
