Monday, December 17, 2012

IMF May Be on Collision Course with Trade Policy

The International Monetary Fund (IMF) has officially endorsed an “institutional view” on the management of capital flows. Henceforth the IMF will advise nations, under certain circumstances, to deploy capital controls on inflows and outflows of capital.  The IMF is aware that such advice may conflict with obligations that nations have under trade and investment treaties, and recommends that such treaties be reformed.

Read more: http://triplecrisis.com/imf-may-be-on-collision-course-with-trade-policy/

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