Capital account policies in emerging Asian economies are they effective in the 2000s?.
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...
Main Author: | |
---|---|
Format: | Electronic Resource |
Language: | English |
Published: |
Manila,Philippines
Asian Development Bank, [2019]
|
Series: | Economics working papers
|
Subjects: | |
Online Access: | https://www.adb.org/publications/capital-account-policies-emerging-asian-economies |