Thai governor becomes latest to attack IMF capital controls framework

Prasarn Trairatvorakul, the governor of the Bank of Thailand, on Tuesday joined officials in Brazil and India in criticising the IMF's attempts to produce a policy framework for the implementation of capital controls.

The IMF last month released a document, Recent Experiences in Managing Capital Inflows-Cross-Cutting Themes and Possible Policy Framework, which proposed circumstances in which the use of capital controls is appropriate.

The document advised countries to allow their exchange rate

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: