000 02305nam a22004094a 4500
001 WPIEA2011281
003 IMF
005 20190408083412.0
006 m o d
007 cr cn|||||||||
008 020129s2011 dcu o i00 0 eng d
020 _a1463926626 :
_c18.00 USD
020 _z9781463926625
022 _a1018-5941
024 7 _a10.5089/9781463926625.001
_2doi
035 _a(IMF)WPIEA2011281
040 _aDcWaIMF
_beng
100 1 _aBaba, Chikako.
245 1 0 _aEffectiveness of Capital Controls in Selected Emerging Markets in the 2000's
_h[electronic resource] /
_cChikako Baba.
260 _aWashington, D.C. :
_bInternational Monetary Fund,
_c2011.
300 _a1 online resource (45 p.)
490 1 _aIMF Working Papers; Working Paper ;
_vNo. 11/281
520 3 _aThis paper estimates the effectiveness of capital controls in response to inflow surges in Brazil, Colombia, Korea, and Thailand in the 2000s. Controls are generally associated with a decrease in inflows and a lengthening of maturities, but the relationship is not statistically significant in all cases, and the effects are temporary. Controls are more successful in providing room for monetary policy than dampening currency appreciation pressures. We argue that the macroeconomic impact of capital controls depends on the extensiveness of the policy, the level of capital market development, the support provided by other policies, and the persistence of capital flows.
588 _aDescription based on print version record.
650 7 _aCapital Flows
_2imf
650 7 _aCurrent Account Balance
_2imf
650 7 _aEmerging Market Economies
_2imf
650 7 _aNet Capital Flows
_2imf
651 7 _aBrazil
_2imf
651 7 _aColombia
_2imf
651 7 _aKorea, Republic of
_2imf
651 7 _aThailand
_2imf
700 1 _aKokenyne, Annamaria.
776 0 8 _iPrint Version:
_aBaba, Chikako.
_tEffectiveness of Capital Controls in Selected Emerging Markets in the 2000's
_dWashington, D.C. : International Monetary Fund, 2011.
_z9781463926625
830 0 _aIMF Working Papers; Working Paper ;
_vNo. 11/281
856 4 0 _uhttp://elibrary.imf.org/view/IMF001/12332-9781463926625/12332-9781463926625/12332-9781463926625.xml
_zIMF e-Library
856 4 0 _uhttp://www.imfbookstore.org/IMFORG/9781463926625
_zIMF Book Store
999 _c166196
_d166196