WB backs selective use of capital controls when faced with massive inflows

Tuesday, March 20th 2012 - 05:02 UTC

Full article 16 comments

The World Bank’s new Latin America chief backed selective use of capital controls when inflows were creating asset bubbles or distorting foreign exchange markets. Hasan Tuluy, the Bank’s new vice-president for Latin America and the Caribbean, said while trade protectionism should be avoided, there was space for macro prudential measures. Read full article

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The Cestrian
RG's are after more money from the WB:

http://www.buenosairesherald.com/article/95884/world-bank-considering-additional--billion-credit-for-argentina

I think the US and UK are trying to stop this from happening. I hope they succeed.
Mar 20th, 2012 - 09:18 am - Link - Report abuse 0
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rebeldenacion
This is how Cristina Kirchner the most corrupt president in all of South America and her cronies get into power:
www.youtube.com/watch?v=UyPC0SD0PGw
Mar 20th, 2012 - 10:19 am - Link - Report abuse 0
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The Cestrian
@2

Absolutely disgraceful. So much for “democracy”.
Mar 20th, 2012 - 11:01 am - Link - Report abuse 0
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GreekYoghurt
@1 So they gave then another $3 Billion for promoting sustainable and inclusive growth, which will be spent on new planes for Aerolingus Argentinas, that will never be bought, and the money will disappear again.

Well done world bank, you people are clearly very well educated.
Mar 20th, 2012 - 11:48 am - Link - Report abuse 0
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McClick
@ 4 stelyo

H.Tuluy is Turkish economist who all are your enemy !

Would you want to discuss with him in technically ?
Mar 20th, 2012 - 12:11 pm - Link - Report abuse 0
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ChrisR
“while trade protectionism should be avoided, there was space for macro prudential measures.”

It would be better if it were MICRO prudential measures. Perhaps his Turkish translation got mixed up.
Mar 20th, 2012 - 12:31 pm - Link - Report abuse 0
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McClick
** 6 crisis

You do want to discuss with him ?
start up ..............let's track you .........
Mar 20th, 2012 - 12:38 pm - Link - Report abuse 0
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Idlehands
I see our barely disguised interbot is back in action and making no more sense than before. Hello MrClick
Mar 20th, 2012 - 01:11 pm - Link - Report abuse 0
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briton
Well if he Mustaph piss, that’s is one thing,
But if he mustapha laugh,
Try not to do it at our expense,
mustapha fool.

.
Mar 20th, 2012 - 01:38 pm - Link - Report abuse 0
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McClick
@ 8 ...@ 9

What did I say on ?

I just said that anyone could make discussion with him,of course if he read this web site and wants to reply to you.
Mar 20th, 2012 - 02:35 pm - Link - Report abuse 0
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briton
?
turkish delight
turksh bath
turkish turky
10,,,,was replying to the turk,
Mar 20th, 2012 - 04:49 pm - Link - Report abuse 0
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ChrisR
10 McClick

Is that the best you can do in response to my comment?

Do you know / are you capable of understanding the difference between MACRO and MICRO?
Mar 20th, 2012 - 04:56 pm - Link - Report abuse 0
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briton
with a name like McClick,
does this make him a switch lol.
Mar 20th, 2012 - 05:16 pm - Link - Report abuse 0
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McClick
@ 12 crisis

For all I know .....

MACRO ... is ... MACAO

MICRO ... is ....MICRONESIA
Mar 20th, 2012 - 08:31 pm - Link - Report abuse 0
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ChrisR
13 Briton

I think McClick is a bot after all.
Mar 21st, 2012 - 11:11 am - Link - Report abuse 0
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briton
A real possibility ..
Mar 21st, 2012 - 08:21 pm - Link - Report abuse 0
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