Best Seller Can Short-Term Capital Controls Promote Capital Inflows?

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Can Short-Term Capital Controls Promote Capital Inflows?
By:Mr. Tito Cordella
Published on 1998-09-01 by International Monetary Fund

In an economy à la Diamond and Dybvig (1983), we present an example in which foreign lenders find it profitable to invest in an emerging market if, and only if, the emerging market government imposes taxes on short-term capital inflows. This implies that capital controls that are effective in reducing the vulnerability of emerging markets to financial crises may increase the volume of capital inflows.

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Book ID of Can Short-Term Capital Controls Promote Capital Inflows?'s Books is 8jJ7YV_6CbcC, Book which was written byMr. Tito Cordellahave ETAG "Lzpvahl116o"

Book which was published by International Monetary Fund since 1998-09-01 have ISBNs, ISBN 13 Code is 9781451900521 and ISBN 10 Code is 145190052X

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