Most countries emerged from the Second World War with capital accounts that were closed to the rest of the world. Since then, a process of capital account openi

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and

A comprehensive four-volume resource that explains more than 800 topics within the foundations of economics, macroeconomics, microeconomics, and global economic

The essays collected in this volume discuss the impact of increased capital mobility on macroeconomic performance.