How Wide a Net?
Targeting Volume and Composition in Capital Inflow Controls
This paper considers design and effects of capital inflow controls. The author examines the effects of eight capital control regimes from the 1990s into the 2000s. He finds that volume controls have had a greater impact on the net volume of inflows than on the specifically risky types of inflows, while the opposite holds true for composition controls. The author also examines the cases of Colombia, Thailand and Croatia during the 2000s.
© 2012 London School of Economics (LSE)