IMF paper questions ‘visceral opposition’ to inflow controls
Controls on capital inflows are guilty by association, paper argues
Controls on capital inflows evoke "visceral opposition", thanks in part to the perception of controls on outflows, a working paper published by the IMF contends.
In What's in a name? That which we call capital controls, Atish Ghosh and Mahvash Qureshi investigate why capital inflows have received a bad name, by tracing how they have been used and perceived since the nineteenth century.
The authors quote Bank of Mexico governor Agustin Carstens, attempting to answer a question on capital controls
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