Capital Controls (Limiting Inflows and Outflows) in One Minute: Definition, Explanation and Examples

Описание: If you're European, you've probably heard about the (in)famous capital controls that were imposed in Cyprus back in 2013.

Or those who are more familiar with South America might recall the capital controls that were imposed in let's say Chile on more than one occasion.

... the list could go on and on.

But what are capital controls anyway?

Well, as the name "capital controls" alludes to, we're basically talking about measures that limit the inflows and outflows of capital.

Through this video, capital controls have not just been defined, I did my best to also explain the concept and provide examples of capital controls which should make it clear what they're all about.

As you're about to find out, while capital controls can represent short term solutions in certain instances, things get extremely tricky if everyone does is.

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