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American Economic Review: Vol. 102 No. 3 (May 2012)
AER Volume. 102, Issue 3 | 
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Capital Flow Management
Article Citation
Jeanne, Olivier. 2012. "Capital Flow Management."
American Economic Review,
102(3): 203-06.
DOI: 10.1257/aer.102.3.203
DOI: 10.1257/aer.102.3.203
Abstract
There is a wide variety in the capital account policies of emerging markets and developing economies. Some countries, such as Brazil, have recently experimented with prudential controls on capital inflows, whereas others, such as China, have continued to maintain tight controls. This paper reviews the recent theoretical literature explaining the motivations behind capital account policies, and whether there is a case for international coordination in this area.
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Authors
Jeanne, Olivier (Johns Hopkins U)
JEL Classifications
F32: Current Account Adjustment; Short-term Capital Movements
G01: Financial Crises
G01: Financial Crises
