Capital Controls Gain Currency in Today's Global Economy
Emerging market economies face a unique set of challenges, among them the economic imbalances that large fluctuations in foreign investment can produce, making it difficult to conduct
effective monetary policy. Some countries have begun implementing safeguards to stabilize their economies.
Summary | Article | Español | Português
Kevin Gallagher, associate professor of international relations at Boston University, discusses capital controls in emerging market economies and the evolving school of thought regarding them.