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Review of The Institutional View on The Liberalization and Management of Capital Flows — Background Note on Capital Flows and Capital Flow Management Measures — Benefits and Costs

Author/Editor: Gurnain Kaur Pasricha, Erlend Nier.

Release Date:March, 2022

The Fund's Institutional View (IV) recognizes the benefits of and risks associated with capital flows. Since the IV was adopted, a growing literature has provided additional insights into the more...



Price: $5.00
Review of The Institutional View on The Liberalization and Management of Capital Flows — Background Note on Principles for the Design of Measures to Address Systemic Risks from FX Mismatches

Author/Editor: Heedon Kang, Paavo A Miettinen, Erlend Nier, Thorvardur Tjoervi Olafsson, Gurnain Kaur Pasricha.

Release Date:March, 2022

This note describes the key principles for the design and implementation of preemptive CFM/MPMs. These measures should be designed to be effective—so they achieve their intended goal and are not more...



Price: $5.00
Review of The Institutional View on The Liberalization and Management of Capital Flows — Background Note on Using the IPF Analytical Toolkit to Enhance Policy Assessments

Author/Editor: Marcin Kolasa, Gurnain Kaur Pasricha, Suman S Basu, Emine Boz, Dimitre Milkov.

Release Date:March, 2022

Insights from the IPF workstream can help guide the appropriate policy mix during an inflow surge, based on the shock and country characteristics. Inflow surges may be caused by a range of shocks and more...



Price: $5.00
Estimated Policy Rules for Capital Controls

Author/Editor: Gurnain Kaur Pasricha.

Release Date:June, 2020

This paper borrows the tradition of estimating policy reaction functions from monetary policy literature to ask whether capital controls respond to macroprudential or mercantilist motivations. I more...



Price: $18.00