- Explicit or indirect capping or control over interest rates on government debt and deposit rates.
- Government ownership or control of domestic financial institutions coupled with barriers to market entry by other institutions.
- Creation of captive domestic markets for government debt via reserve requirements and other monetary controls.
- Government restrictions on the transfer of assets abroad through the imposition of capital flight laws and regulations.
Friday, June 03, 2011
What is Financial Repression?
Reinhart and Sbrancia (2011) argue that the following measures are indicative of ensuing financial repression:
Posted by William McKibbin