Klär, Erik; Steinherr, Alfred; Cisotta, Alessandro; … - Office of Regional Economic Integration, Asian … - 2006
This paper examines capital controls in two ways. First, it assesses whether capital controls have an economic justification within the context of an economyâÂÂs and, in particular, its financial sectorâÂÂs stage of development. It concludes that capital controls can be justified in...