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International capital transactions : should they be restricted?

Author: Norman S Fieleke; International Monetary Fund. Monetary and Exchange Affairs Department.
Publisher: [Washington, D.C.?] : International Monetary Fund, ©1993.
Series: IMF paper on policy analysis and assessment, PPAA/93/20.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
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Genre/Form: Case studies
Additional Physical Format: Print version:
Fieleke, Norman S.
International capital transactions.
[Washington, D.C.?] : International Monetary Fund, ©1993
(DLC) 95227618
(OCoLC)30633052
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Norman S Fieleke; International Monetary Fund. Monetary and Exchange Affairs Department.
ISBN: 1455233560 9781455233564 9781455220526 1455220523
OCLC Number: 647324306
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (iii, 17 pages, [10] leaves of plates) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: IMF paper on policy analysis and assessment, PPAA/93/20.
Responsibility: prepared by Norman S. Fieleke.
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Some prominent economists and officials contend that government restrictions should be used to limit international capital movements that are considered destabilizing. This paper briefly summarizes the recent usage of such restrictions, discusses their international acceptance and their theoretical justification, reviews recent empirical studies of their efficacy, and examines their efficacy in Ireland, Spain, and Portugal during the latter part of 1992. the conclusion is that such restrictions typically have no more than fleeting and minor success in attaining their objectives.

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