kontrola kapitału

A fixed exchange rate regime should be viewed as a tool in capital control.

There is another option of course: open tariffs and capital controls.

Companies in the European Community have often complained about capital controls.

With no capital control market players will do this en masse.

The first question concerns the economic purpose of capital controls.

What makes this possible, as you noted, is the absence of capital controls.

What this really means is a fixed exchange rate system without capital controls.

This period was the first time capital controls had been endorsed by mainstream economics.

There are times when capital controls can work, and when they would be disastrous.

The government is also working on a strategy for the gradual lifting of capital controls.