Abstract
Introduction SECTION I: COMPOSITIONAL SHIFT AND VOLATILITY OF CAPITAL FLOWS 1. Capital Flow Volatility and Contagion: A Focus on Asia 2. All Currencies Are Reserve Currencies SECTION II: CHALLENGES OF CAPITAL ACCOUNT MANAGEMENT 3. Capital Controls and Real Exchange Rates 4. Capital Controls: When Are Multilateral Considerations of the Essence? SECTION III: SELECT COUNTRY EXPERIENCES 5. Costs and Benefits of Capital Account Management in India 6. Negotiating the Trilemma and Reserve Management in an Era of Volatile Capital Flows 7. Sailing through the Global Financial Storm: Brazil's Recent Experience with Monetary and Macro Prudential Policies to Lean Against the Financial Cycle and Deal with Systematic Risks 8. Managing Capital Flows: Indonesia's Experience About the Editors and Contributors
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