Capital flight - the unrecorded export of capital from developing countries - often represents a significant cost for developing countries. It also poses a puzz

An authoritative assessment of the debate over the role of volatile private capital flows and their impact on developing countries. The book outlines the long h

This paper examines country experiences with the use and liberalization of capital controls to develop a deeper understanding of the role of capital controls in

Official controls on interest rates and capital flows rule out the use of traditional interest rate parity conditions to measure changes in the degree of capita