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This Article examines the International Monetary Fund's recent efforts to play an assertive regulatory role with regard to global capital flows. There is a growing consensus among scholars and policymakers that states must carefully manage capital flows and coordinate their policies for doing...
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tax; (v) rigorous regulation of high frequency trading and dark pools; and (vi) removing the conflict in the role of the …
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liberalization, is only a necessary condition for financial globalization, however. The sufficient condition is the creation of world …
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This paper presents and analyses new datasets of de jure Currency-Based Measures (CBMs) directed at banks in a sample of 49 countries between 2005 and 2013. These measures are bank regulations that apply a discrimination−e.g. a less favourable treatment−on the basis of the currency of an...
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