Description |
1 online resource (32 pages) |
Series |
IMF working paper ; WP/13/242 |
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IMF working paper ; WP/13/242.
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Contents |
Cover; Contents; I. Introduction; II. Experience of capital flows in the Baltic countries and Iceland; III. Lessons learnt; IV. Concluding remarks; Annex; Chart supplement |
Summary |
"The aim of this empirical study is to describe and provide analysis on the experience of managing capital flows in Iceland and the Baltic countries. During the build-up of the crisis, there were shortcomings in macroeconomic policies and in the policy mix, as well as in financial supervision in the countries covered. While the use of traditional macroeconomic and structural policies was far from exhausted, recognizing that there are no substitutes for sound macroeconomic policies, with an IMF framework on capital flows in place prior to the crisis, it might have been easier for the IMF and national policymakers to identify accelerating problems at an early stage and address them with targeted measures"--Abstract |
Notes |
At head of title: Office of the Executive Director for the Nordic-Baltic Constituency |
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Online resource; title from pdf title page (IMF.org Web site, viewed January 8, 2014) |
Subject |
Capital movements -- Baltic States
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Capital movements -- Iceland
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Capital movements -- Estonia
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Capital movements -- Latvia
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Capital movements -- Lithuania
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Capital movements
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Baltic States
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Estonia
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Iceland
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Latvia
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Lithuania
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Form |
Electronic book
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Author |
Fredholm, Maria Wallin
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International Monetary Fund.
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ISBN |
9781475598179 |
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1475598173 |
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9781475599404 |
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1475599404 |
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