Jongwanich, Juthathip
Capital Account Policies in Emerging Asian Economies: Are They Effective in the 2000s? - Philippine ADB publication 2019 - 58 - Economics Working Papers .
The results show that some types of capital controls are effective for reducing the volume of capital flows and pressure on real exchange rates. The choice of exchange rate regime matters for the effectiveness of capital controls in fostering monetary policy independence. The study shows that strong economic fundamentals are more important than capital account policy for changing the composition of capital inflows toward more stable and long-term flows.
Англи хэл дээр,
economics finance sector development public financial management
Capital Account Policies in Emerging Asian Economies: Are They Effective in the 2000s? - Philippine ADB publication 2019 - 58 - Economics Working Papers .
The results show that some types of capital controls are effective for reducing the volume of capital flows and pressure on real exchange rates. The choice of exchange rate regime matters for the effectiveness of capital controls in fostering monetary policy independence. The study shows that strong economic fundamentals are more important than capital account policy for changing the composition of capital inflows toward more stable and long-term flows.
Англи хэл дээр,
economics finance sector development public financial management