For years, the IMF was generally of the view that free trade was good, and that open capital flows were also good. But in recent years, the latter view has started to change. Increasingly the IMF, while continuing to promote openness, has viewed restricting the capital account for emerging markets as a useful tactical macro tool. On this episode of Odd Lots, we speak with Prakash Loungani and Sriram Balasubramanian of the IMF's Independent Evaluation Office on their examination of the IMF's work, and how its perspective has changed over the last several years. 

For years, the IMF was generally of the view that free trade was good, and that open capital flows were also good. But in recent years, the latter view has started to change. Increasingly the IMF, while continuing to promote openness, has viewed restricting the capital account for emerging markets as a useful tactical macro tool. On this episode of Odd Lots, we speak with Prakash Loungani and Sriram Balasubramanian of the IMF's Independent Evaluation Office on their examination of the IMF's work, and how its perspective has changed over the last several years.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Why the IMF Changed Its Views on Capital Controls

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6c29747d-6b62-48aa-b9cf-ae27004890cd/transcript

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