{"id":4773,"date":"2012-11-21T08:53:02","date_gmt":"2012-11-21T06:53:02","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=4773"},"modified":"2012-11-22T00:20:03","modified_gmt":"2012-11-21T22:20:03","slug":"did-the-indian-capital-controls-work-as-a-tool-of-macroeconomic-policy","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/did-the-indian-capital-controls-work-as-a-tool-of-macroeconomic-policy\/","title":{"rendered":"Did the Indian capital controls work as a tool of macroeconomic policy?"},"content":{"rendered":"<p>Ila Patnaik, Ajay Shah.<\/p>\n<div>\n<p>Can we agree that capital controls are an effective tool for macroeconomic policy? If so, should they be permanent or temporary? This column argues that under a permanent system of capital controls, a country will always bear costs whether there is a surge or capital flight or not. Looking at the Indian experience, it\u2019s clear that capital controls do not necessarily help a government meet its macroeconomic goals in times of need.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae:<\/strong> Voxeu<\/p>\n<p><a href=\"http:\/\/voxeu.org\/article\/did-indian-capital-controls-work-tool-macroeconomic-policy\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ila Patnaik, Ajay Shah. Can we agree that capital controls are an effective tool for macroeconomic policy? If so, should they be permanent or temporary? This column argues that under a permanent system of capital controls, a country will always bear costs whether there is a surge or capital flight or not. Looking at the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,39,4],"tags":[28,25],"class_list":["post-4773","post","type-post","status-publish","format-standard","hentry","category-18","category-39","category-proposals","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=4773"}],"version-history":[{"count":3,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4773\/revisions"}],"predecessor-version":[{"id":4786,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4773\/revisions\/4786"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=4773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=4773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=4773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}