Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/154633 
Autor:innengruppe: 
IRC Task Force on IMF issues
Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
ECB Occasional Paper No. 180
Verlag: 
European Central Bank (ECB), Frankfurt a. M.
Zusammenfassung: 
The last decade has been characterised by the pronounced volatility of capital flows. While cross-border capital flows can have many benefits for both advanced and emerging market economies, they may also carry risks, which require appropriate policy responses. Disentangling the push from the pull factors driving capital flows is key to designing appropriate policies to deal with them. Strong institutions, sound fundamentals and a large domestic investor base tend to shield economies from adverse global conditions and attract less volatile types of capital. However, when the policy space for using traditional macroeconomic policies is limited, countries may also turn to macroprudential and capital flow management policies in a pragmatic manner. The IMF can play an important role in helping countries to deal with capital flows, through its surveillance and lending policy and through international cooperation.
Schlagwörter: 
capital flow management
capital flows
IMF
international cooperation
JEL: 
F3
F32
F38
F42
F65
G28
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
978-92-899-2485-6
Dokumentart: 
Research Report

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