Are capital controls effective in the 21st Century? : the recent experience of Colombia /

This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows and exchange rate dynamics. The results suggest that the controls were successful in reducing external borrowing, but had no statistically significant impact on the volume of non- FDI flows as a whole. W...

Full description

Saved in:
Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Authors: Clements, Benedict J. (Author), Kamil, Herman (Author)
Format: Electronic eBook
Language:English
Published: [Washington D.C.] : International Monetary Fund, 2009
Series:IMF working paper ; WP/09/30.
Subjects:
Local Note:ProQuest Ebook Central