RT Journal Article
T1 What makes capital account regulation effective? Comparing the experiences of Brazil, Peru and Iceland
A1 Aguirre Carmona, Pablo
A1 Alonso Rodríguez, José Antonio
AB Empirical studies confirm that the impact of capital account regulation (CAR) is highly case-specific, which underlines the need to identify the determinants of CAR effectiveness in greater depth. Coming from a political economy perspective, this article aims to contribute to this subject by comparing three experiences of intense regulation: Brazil (2008-2013), Peru (2008-2013), and Iceland (2008-2017). The main result encountered is that the bargaining power of the different sectors involved in regulation represents a crucial factor in explaining the impact of this policy. Furthermore, domestic banks play an important role in the effectiveness of capital account regulation
PB Taylor & Francis
SN 1946-326X
YR 2020
FD 2020
LK https://hdl.handle.net/20.500.14352/93295
UL https://hdl.handle.net/20.500.14352/93295
LA eng
NO Aguirre, Pablo, y José Antonio Alonso. «What Makes Capital Account Regulation Effective? Comparing the Experiences of Brazil, Peru, and Iceland». Journal of Economic Issues 54, n.o 3 (2 de julio de 2020): 772-97. https://doi.org/10.1080/00213624.2020.1787052.
NO Banco Santander
DS Docta Complutense
RD 8 abr 2025