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Capital Controls

Background reading to expand your understanding of the daily business and economics news.
By Jon Fernquest
Effectiveness of capital controls in Chile

Capital controls in Chile during the 1990s were effective in reducing the "country’s vulnerability to external disturbances." (academic paper, 2005)

Chile's encaje (1991-1998)

A concise overview of Chile's capital controls in the 1990s

Introduction to capital controls

An easy to read and extensive introduction to all aspects of the topic.

Tobin tax (Wikipedia, Economist's Glossary)
Capital controls: Background for journalists
(Columbia University)

The essential background information that journalists need to know for high-standard reporting on capital controls.

Lee Kuan Yew on short-term capital and the financial crisis of 1997 (History)

Step back in time and read Lee Kuan Yew's thoughts on short-term capital's role in the 1997 financial crisis.

Short term capital controls for the Thai baht

Possible radical change in the value of the dollar in the near future might be a good reason for short-term capital controls.


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