Faithin Omaha eBook Collection

The relevance of recording and assessing countries’ capital flow management measures is well-recognized, but very few studies have focused on low-income devel

Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at var

Over the past two decades, many low-income developing countries have substantially increased openness towards external financing and have received large capital

This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average,

This paper reviews the experience with capital controls in industrial and developing countries, considers the policy issues raised when the effectiveness of cap