Global Capital Rules
The IMF has now put its stamp of approval on capital controls, thereby legitimizing the use of taxes and other restrictions on cross-border financial flows. Now the task is to devise the traffic rules needed in a world where different sovereigns regulate finance in diverse ways.
https://prosyn.org/BAoqRku
CAMBRIDGE – It’s official. The International Monetary Fund has put its stamp of approval on capital controls, thereby legitimizing the use of taxes and other restrictions on cross-border financial flows.