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Capital Controls and International Economic Law Bryan Mercurio,Cambridge University Press, 2023

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Capital Controls and International Economic Law Bryan Mercurio,Cambridge University Press, 2023

Published online by Cambridge University Press:  19 February 2025

Xueliang Ji
Affiliation:
Xi'an Jiaotong University School of Law
Wenhua Shan*
Affiliation:
University Senior Professor in Humanities and Social Sciences and Founding Dean of the Law School, Xi'an Jiaotong University
*
*Corresponding author: Wenhua Shan; Email: [email protected]

Abstract

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Type
Book Review
Copyright
Copyright © The Author(s), 2025. Published by Cambridge University Press on behalf of The Secretariat of the World Trade Organization

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References

1 IMF (2012) ‘The Liberalization and Management of Capital Flows: An Institutional View. International Monetary Fund ‘, www.imf.org/external/np/pp/eng/2012/111412.pdf.

2 Mercurio, B. (2023) Capital Controls and International Economic Law. Cambridge University Press, 49CrossRefGoogle Scholar.

3 Ibid. at 86.

4 In the book, the author cites CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership), Article 28.5.1 as an example. This provision allows parties to adopt restrictive measures related to capital flows in cases of serious balance-of-payments difficulties, provided that these measures are consistent with IMF guidelines and are temporary.