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The Asian crisis prompted calls from several quarters for tighter controls on foreign investment and capital flows in emerging markets. However, there are several compelling arguments in favour of freeing up capital flows in these markets, provided it is done in an orderly and properly structured way.
May 1998. This paper was presented at an IMF Seminar on Current Legal Issues Affecting Central Banks.
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21 March 1998. At the time of the MAI negotiations, the United Kingdom commissioned an independent consultant, Dr. E.V.K. FitzGerald, to prepare a report on the possible implications of the MAI for developing countries.
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Chile is a significant host for foreign direct investment (FDI) in South America, especially given the relatively small size of its economy. The attraction of Chile to foreign investors lies not only in its resource abundance but also in its tradition of openness to foreign investment. Chilean policies towards inward investment generally conform to OECD standards, and the country has been a trailblazer within Latin America in terms of
The report on the follow-up by OECD Members to the Recommendation on Anti-Corruption Proposals for Aid-Funded Procurement was prepared by the Development Assistance Committee in May 1997.
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August 1993. This publication seeks to add to the understanding of the problems which policy makers of Central and Eastern European Countries (CEECs) face in designing and implementing exchange control policies.