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1、外文文献翻译原文及译文标题：CapitalControlMeasures:ANewDataset作者：ANDRESFERNANDEZ,MICHAELKLEIN,ALESSANDROREBUCCI,MARTINSCHINDLER,MARTINURIBE期刊：MFEconomicReview,64卷，3期，页码:548-574年份:2016原文CapitalControlMeasures:ANewDatasetANDRESFERNANDEZ,MICHAELKLEIN,ALESSANDROREBUCCI,MARTINSCHINDLER,MARTINU
2、RIBEInternationalcapitalflowsarecentraltothefunctioningoftheglobaleconomyandthedesignofmacroeconomicpolicies.Forexample,theabilityofagovernmentanditscitizenstoborrowandlendabroadallowsdomesticinvestmenttodivergefromdomesticsavings,whichcanpromoteeconomicefficiencyandgrowth.A
3、lso,internationalportfoliodiversificationisapotentiallyimportantmeansbywhichindividualscansmoothconsumptionandundertakeriskyinvestmentsthatwouldotherwisebeunattractive・Andthewell-knownpolicytrilemmasuggeststhatthedesignofacountry'smonetaryandexchangeratepoliciescannotbeseeni
4、nisolationfromitsstancetowardcapitalmobility.Onalesssalutarynote,internationalcapitalflowsareblamedforspreadingeconomicdisturbancesacrosscountries,orasachannelthroughwhichforeigninvestorsmaypromptaneconomytocrash.Keynes9negativeviewofinternationalcapitalflowsinthemidstoftheG
5、reatDepressionechoesthroughtimeinmorecontemporarycallsforcapitalcontrols,especiallyinthewakeoftherecenteconomicandfinancialcrisis.AlthoughcapitalcontrolswerepervasiveduringtheBrettonWoodsera,theywerereducedoreliminatedbeginninginthelate1970s,and,increasingly,inthe1980sand199
6、0s.ThetitleofRudigerDornbusch's1998article"CapitalControls:AnIdeaWhoseTimeisGone"reflectsabroadconsensusatthattime.Butattitudesbegantoshiftinresponsetotheeconomiccrisesinthelate1990s(Bhagwati,1998;Rodrik,1998).Thesechangeswerefarfromafringeview;in2002,KennethRogoff,thenservi
7、ngastheChiefEconomistandDirectorofResearchoftheInternationalMonetaryFund,wrotethat“thesedayseveryoneagreesthatamoreeclecticapproachtocapitalaccountliberalizationisrequired^^(Rogoff,2002).TheGreatRecessionhasspurredafurtherreevaluationoftheappropriateroleofcapitalcontrols・Cou
8、ntriesasdiverseasBrazilandSwitzerlandconsidered(andinthecaseofBrazil,implem
