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La place du contrôle des mouvements de capitaux dans la politique économique française et les perspectives liées à son allégement

Galy, Michel (1986): La place du contrôle des mouvements de capitaux dans la politique économique française et les perspectives liées à son allégement.

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Abstract

This paper reviews the central features of France’s capital controls in the 70's and 80's and strives to assess their ability, in the context of various exchange rate mechanisms, to regulate capital flows and to stabilize the exchange rate while allowing France to preserve a measure of economic and monetary independence, in particular within the European Monetary System

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