IMF Hosts Conference on “Managing Capital Flows: Challenges for Developing Countries” in Zambia
The conference provided a forum for policy makers to share experiences on how best to reap the benefits from capital flows, while managing the risks
Participants agreed that capital flows to developing countries are generally beneficial—particularly in the current context of a much leaner environment—by providing an important source of financing for investments and by helping to maintain foreign exchange reserves. Participants agreed that (i) the composition of capital flows matters for financial stability and…