

Sriram Balasubramanian
Senior Research Officer at the IMF's Independent Evaluation Office, specializing in the analysis of capital flows and emerging market economies.
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Dec 7, 2020 • 51min
Why the IMF Changed Its Views on Capital Controls
Prakash Loungani and Sriram Balasubramanian from the IMF's Independent Evaluation Office delve into the shifting perspectives on capital controls. They explore how the IMF's stance has evolved in the face of emerging market challenges, especially after financial crises. The duo emphasizes the role of capital controls as tactical tools for stability and examines their impact on local economies and housing affordability. They also discuss the balancing act between globalization benefits and the need for robust policy frameworks.


