BIS paper proposes new capital flow management tool

Global fintech

Policy-makers in emerging market economies (EMEs) may achieve better results by allowing volatile capital movements than by blocking them, if they can encourage domestic investors to counterbalance the flows, new research finds.

In the working paper, published by the Bank for International Settlements, Damiano Sandri and Olivier Jeanne outline a model in support of their novel approach to capital flow management. Their model features three periods: agents issue debt to foreign investors; there

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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