This note provides operational guidance to staff for how to use the Fund’s institutional view on the liberalization and management of capital flows. The insti

This note provides operational guidance to staff for how to use the Fund's institutional view on the liberalization and management of capital flows. The institu

Capital flows have increased significantly in recent years and are a key aspect of the global monetary system. They offer potential benefits to countries, but t

The Guidance Note for the Liberalization and Management of Capital Flows (IMF 2013a) provides operational guidance to staff on the use of the Fund’s instituti

The Institutional View (IV) on the Liberalization and Management of Capital Flows, adopted in 2012, provides the basis for consistent advice, and where relevant