MOSCOW (Reuters) - Russian companies and banks raised their net capital outflows in 2013 even as Russia's current account surplus halved, central bank data showed on Thursday, underscoring the weak ...
International Monetary Fund: Capital Controls on Outflows: New Evidence and a Theoretical Framework
We study capital controls on outflows (CCOs) in situations of macroeconomic and financial distress. We present novel empirical evidence indicating that CCO implementation is associated with crises and ...