Your English writing platform
Discover LudwigExact(60)
(See below Disequilibrating capital movements).
Then as now, international capital movements dwarfed national economies and the financial resources of governments.
On the other hand it is not desirable to include equilibrating or disequilibrating capital movements.
The adjustment mechanism also included another important element: capital movements between countries.
There is also the capital account, which includes both long-term and short-term capital movements.
Classical doctrine did not embody a clear-cut theory about international capital movements.
Facilitating trade and capital movements is only one part of the story.
Such movements up and down are probably caused by precautionary short-term capital movements.
The control of capital movements remains a central mandate of the IMF, as outlined in Article 6, Section 3: "Members may exercise such controls as are necessary to regulate international capital movements".
Chile had recognized the potential destabilizing effects of these capital movements, and had imposed moderate taxes on these flows.
All remaining controls on capital movements were also lifted, enabling Italians to bank unlimited amounts of foreign capital in Italy.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com