China's Capital Controls: Questions of Effectiveness and Efficiency by Dic Lo
Date
From: 26 April 2012 16:15
Till: 26 April 2012 17:45
Location:
Aula A
Description
Development Research Seminar: Dic Lo, School of Oriental and African Studies, University of London
Abstract
Liberalization of the capital account has been a core doctrine of the Washington Consensus since the mid-1990s. The financial crisis emanating from the advanced countries might have pushed the IMF to become a little bit more flexible with this stance.
Yet, as far as China is concerned, the pressure seems to remain. This presentation seeks to analyse the main trends of evolution of China’s cross-border capital flows, and, on that basis, to assess the effectiveness and efficiency of its capital controls. The objective is not only to assess the efficiency of the alternative policy doctrines (and theoretical positions), but also to come out with some policy conclusions for Chinese economic transformation in this particular area.
Chair Person : Andrew Fischer
Further info:
Publication date: Friday, 03 February 2012
