Countries implement and liberalize capital controls opportunistically. To show this point, this paper introduces two novel ...
Russia has decided not to implement partial capital controls following speculation that the extreme measure was being considered to stem the falling ruble, the Russian business newspaper Vedomosti ...
This is an opinion editorial by Craig Deutsch, organizer of Asheville Bitcoiners, designer of The Bitcoin Game and junior editor at Bitcoin Magazine. You may have seen or heard about people in Lebanon ...
Exchange controls are government restrictions on the purchase and sale of currencies, aiming to stabilize economies. Learn ...
The financial crises in the 1990s resurrected the debate on whether emerging markets should stay open to foreign capital or impose capital controls. The stakes are high. Why lift capital Controls?
While capital controls were the accepted economic orthodoxy of the 1950s and 1960s, they became distinctly heterodox and attracted the ire of the International Monetary Fund by the early-1990s. After ...
(Bloomberg) -- Russia’s government is reimposing tougher capital controls over the objections of the central bank, according to people familiar with the matter, acting to keep a closer grip on the ...
Yesterday, President Mauricio Macri chose to impose capital controls on Argentina. Since being elected, Macri has been reluctant to reform—a gradualist, “do-nothing” president. But, when backed into a ...
In the wake of the East Asian, Russian, and Brazilian currency crises of the 1990s, a growing chorus of observers and economists (for example, Radelet and Sachs 1998, and Stiglitz 2000) has argued ...
Today China is spending about 1% of its GDP a month to keep its currency from appreciating - it is on track to spend about 15% of its GDP fighting appreciation this year. And unless something changes, ...
Argentina’s government imposed capital controls to halt a slump in foreign currency reserves and the peso that has pushed the country to the brink of default. The central bank set a limit of 5 days ...
In a move that crystallizes both a structural and situational pivot in the residential development economy, Five Point Holdings’ acquisition of a controlling stake in Hearthstone signals more than ...