So the past few days i’ve been deep entrenched in my textbooks and lecture notes in International economics, as we’re having the exam for this course this coming Friday. It’s an interesting course all around, i’ve particularly enjoyed (yes, enjoyed!) the economic history and exchange rates regimes parts of the course.
Anyways, as i was browsing around Bloomberg’s site i came across this article that suits what i’ve been reading the past days almost eerily. It’s an article with a bit of background on capital controls and the Obstfeld-Taylor trilemma. Sometimes the planets just line up i guess 😉
Take a look at the article here if you feel in need of a slice of capital wisdom this Wednesday.