The global financial crisis of 2007-2009 led some economists and policymakers to suggest the reinstitution of capital

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The global financial crisis of 2007-2009 led some economists and policymakers to suggest the reinstitution of capital controls-or limits on the flow of foreign exchange and financial investments across countries- which existed in many European countries prior to the 1960s. Why would a financial crisis lead policymakers to reconsider using capital controls? What problems might result from reinstituting capital controls?
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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