The New Bazaar cover image

The great turnaround

The New Bazaar

CHAPTER

Should We Lift Capital Controls?

Sanos: The reason that a lot of developing countries end up with so much debt is that actually the legal and regulatory landscape has skewed things in that direction. He says multilateral institutions traditionally were sort of hesitant to embrace the idea that some countries should have some capital controls. Sanos: But they've changed their minds on this over the years.

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