文章基本信息

标题：Capital Controls, New IMF Policies and the Practice of Turkey
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作者：Mehmet Nar ; Mehmet Nar
期刊名称：American Journal of Economics
印刷版ISSN：2166-4951
电子版ISSN：2166-496X
出版年度：2014
卷号：4
期号：6
页码：226-239
DOI：10.5923/j.economics.20140406.02
语种：English
出版社：Scientific & Academic Publishing Co.
摘要：In parallel with the phenomenon of globalism, especially portfolio flows have become in a way to be carried in a distant of a computer button from one country to another; in this respect, the portfolio investments have constituted the most unstable part of global financial flows. In the forthcoming days, a clearly visible rise in portfolio or hot money flows has increased with discourses and practices supported especially by IMF. For this purpose, since the early 1990s, it has been seen that favorable solutions towards removal of capital controls have been brought to the agenda. However, opinions towards the fact that full liberalization doesn’t always result in positive consequences have gained importance just after the crisis of 2008. Consequently, this study aims to question the fact that IMF, which used to support financial openness up until yesterday, has become in a way to support controls with a controversial discourse after the crisis of 2008 and the efficiencies of capital controls based on the experiences of Turkey.
关键词：Globalism; Capital Controls; IMF Policies; Liberalization; Crisis