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- W2075330770 abstract "This paper analyzes the effectiveness of capital controls in Colombia. The evidence presented points towards a relative inability of the measures adopted to reduce the level of capital inflows. Nonetheless, the evidence suggests that non-remunerated deposits have been successful in inducing a recomposition of foreign liabilities in favor of long-term maturities. It is likely that this is a positive result as it has made the country less vulnerable to a reversal in capital flows. In this sense, controls may be viewed as an effective way of internalizing the negative externality imposed by short term maturities." @default.
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- W2075330770 date "1997-10-01" @default.
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- W2075330770 title "On the effectiveness of capital controls: The experience of Colombia during the 1990s" @default.
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- W2075330770 doi "https://doi.org/10.1016/s0304-3878(97)00028-x" @default.
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