Tag: Effie Psalida

• Saturday, April 17th 2010 - 06:36 UTC

  As markets begin to normalize controversy over capital inflow controls resurfaces

  

  The International Monetary Fund has warned that an over reliance on capital controls could derail the current global recovery. Although admitting that it may be a good idea for one country to apply controls on capital inflow, as the levy imposed by Brazil, “it could encourage too many others in the region to follow suit”.