A Modernized Approach to Managing the Risks in Cross-Border Capital Movements »
Journal Issue
Volume/Issue: 1999/6
Series: IMF Policy Discussion Papers
Author(s): Inci Ötker , and R. Johnston
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 1999
DOI: http://dx.doi.org/10.5089/9781451972092.003
ISBN: 9781451972092
Keywords: Exchange rate policy, Capital flows, Monetary policy, Cross-border capital movements, prudential risk management, consistency of policy mix, time consistency of exchange rate policy, capital movements, capital controls, capital account
This paper outlines a 'modern' approach to managing risks in cross-border capital movements that is consistent with an environment of increased and liberalized capital flows. Key elements of this approach include:...