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Should We Still Support Untrammelled International Capital Mobility? Or are Capital Controls Less Evil than We Once Believed?

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  • DeLong J. Bradford

    (U.C. Berkeley)

Abstract

Fifteen years ago, I found it easy to be in favor of international capital mobility - the free flow of investment financing from one country to another. Then it was easy to preach for an end to all systems of controls on capital that hindered this flow. Now it is harder.

Suggested Citation

  • DeLong J. Bradford, 2004. "Should We Still Support Untrammelled International Capital Mobility? Or are Capital Controls Less Evil than We Once Believed?," The Economists' Voice, De Gruyter, vol. 1(1), pages 1-9, September.
    • Handle: RePEc:bpj:evoice:v:1:y:2004:i:1:n:1
    DOI: 10.2202/1553-3832.1000
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    Cited by:

    1. Bonfiglioli, Alessandra, 2008. "Financial integration, productivity and capital accumulation," Journal of International Economics, Elsevier, vol. 76(2), pages 337-355, December.
    2. Bisin, Alberto & Rampini, Adriano A., 2006. "Markets as beneficial constraints on the government," Journal of Public Economics, Elsevier, vol. 90(4-5), pages 601-629, May.
    3. Rozenwurcel, Guillermo & Machinea, José Luis, 2005. "Macroeconomic coordination in Latin America: does it have a future?," Series Históricas 7858, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Broos, Menno & Ghalanos, Michalis & Kennedy, Bernard & Landbeck, Alexander & Lerner, Christina & Menezes, Paula & Schiavone, Alessandro & Tilley, Thomas & Viani, Francesca & Reinhardt, Dennis & Metzem, 2016. "Dealing with large and volatile capital flows and the role of the IMF," Occasional Paper Series 180, European Central Bank.
    5. Alfaro, Laura & Hammel, Eliza, 2007. "Capital flows and capital goods," Journal of International Economics, Elsevier, vol. 72(1), pages 128-150, May.
    6. Henry, Peter B. & Sasson, Diego, 2008. "Capital Account Liberalization, Real Wages, and Productivity," Research Papers 1988, Stanford University, Graduate School of Business.
    7. Hatfield, John William, 2015. "Federalism, taxation, and economic growth," Journal of Urban Economics, Elsevier, vol. 87(C), pages 114-125.

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