Die Einführung von Kapitalverkehrskontrollen mit Korruptionsabsichten
In: List Forum Band 33
Capital controls are one of the most widespread regulations worldwide. This is surprising in so far, as capital controls are a policy, which economists reject almost unanimously except for the case of least developed countries with barely developed financial markets. The question arises, what causes the popularity of a policy, which is not first choice in generating government income, which is rejected by the majority of theoretical and empirical oriented economists. This paper presents the idea, that capital con-trols are actually introduced not to manage capital flow composition and not to generate government income but to generate income for politicians, i.e. that they are implemented in order to be ,abused'. This thesis is supported by the widespread use of controls, which include much leeway for discretionary decisions of bureaucrats. Such controls are abused more easily, although they are not even supported by staunch advocates of capital controls. (Original text only available in german language)
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|This chapter was published in: ||This item is provided by List Gesellschaft e.V. in its series List Forum Chapter with number
33-16.||Handle:|| RePEc:lst:lfchap:33-16||Contact details of provider:|| Postal: postal:c/o Düsseldorf Institute for Competition Economics (DICE), Heinrich-Heine-Universität Düsseldorf, Universitätsstraße 1, 40225 Düsseldorf|
Phone: + 49 (0) 211-81-10240
Fax: + 49 (0) 211-81-15499
Web page: http://www.list-gesellschaft.de
More information through EDIRC
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:lst:lfchap:33-16. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lukas Wnuk Lipinski)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.