{"id":23499,"date":"2016-01-28T10:46:34","date_gmt":"2016-01-28T15:46:34","guid":{"rendered":"https:\/\/www.bu.edu\/pardee\/?p=23499"},"modified":"2016-01-28T10:46:34","modified_gmt":"2016-01-28T15:46:34","slug":"prof-gallagher-quoted-in-ft-story-on-use-of-capital-controls","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/pardee\/2016\/01\/28\/prof-gallagher-quoted-in-ft-story-on-use-of-capital-controls\/","title":{"rendered":"Prof. Gallagher Quoted in <em>FT<\/em> Story on Use of Capital Controls"},"content":{"rendered":"<p><a href=\"\/pardee\/files\/2013\/11\/Gallagher_0822.jpg\"><img loading=\"lazy\" src=\"\/pardee\/files\/2013\/11\/Gallagher_0822-680x1024.jpg\" alt=\"Gallagher_0822\" width=\"180\" height=\"271\" class=\"alignright  wp-image-17901\" srcset=\"https:\/\/www.bu.edu\/pardee\/files\/2013\/11\/Gallagher_0822-680x1024.jpg 680w, https:\/\/www.bu.edu\/pardee\/files\/2013\/11\/Gallagher_0822-199x300.jpg 199w\" sizes=\"(max-width: 180px) 100vw, 180px\" \/><\/a>Prof. Kevin Gallagher, a <a href=\"https:\/\/www.bu.edu\/pardee\/community\/pardee-fellows\/\" target=\"_blank\">Faculty Research Fellow<\/a> at the Frederick S. Pardee Center for the Study of the Longer-Range Future, was quoted in a recent <a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/36cfcc66-c41b-11e5-808f-8231cd71622e.html#axzz3yTcZSX6c\" target=\"_blank\"><em>Financial Times<\/em>\u00a0story<\/a>\u00a0titled &#8220;Capital controls no longer taboo as emerging markets battle flight.&#8221;<\/p>\n<p>In the article, Gallagher calls on policymakers to use capital controls given the\u00a0unprecedented capital outflows from emerging markets &#8212;\u00a0$735 billion last year.\u00a0\u201cThese countries are bleeding,\u201d said Gallagher. \u201cThey can\u2019t just let their [foreign exchange] reserves go on propping up their currencies when markets have already made their own decisions.\u201d<\/p>\n<p>Read the full article\u00a0<a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/36cfcc66-c41b-11e5-808f-8231cd71622e.html#axzz3yTcZSX6c\" target=\"_blank\">here<\/a>.<\/p>\n<p><span style=\"line-height: 1.5;\">Gallagher is a Professor of Global Development Policy at the <\/span><a href=\"http:\/\/www.bu.edu\/pardeeschool\" target=\"_blank\" style=\"line-height: 1.5;\">Frederick S. Pardee School of Global Studies<\/a><span style=\"line-height: 1.5;\">\u00a0and the co-director of the <\/span><a href=\"http:\/\/www.bu.edu\/pardeeschool\/research\/gegi\/\" target=\"_blank\" style=\"line-height: 1.5;\">Global Economic Governance Initiative<\/a><span style=\"line-height: 1.5;\">. He led a Pardee Center\u00a0<span>Task Force on Regulating Capital Flows for Long-Run Development, which resulted in <a href=\"https:\/\/www.bu.edu\/pardee\/pardee-center-task-force-report-october-2014\/\" target=\"_blank\">three reports<\/a> between 2012 and 2014.\u00a0<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prof. Kevin Gallagher, a Faculty Research Fellow at the Frederick S. Pardee Center for the Study of the Longer-Range Future, was quoted in a recent Financial Times\u00a0story\u00a0titled &#8220;Capital controls no longer taboo as emerging markets battle flight.&#8221; In the article, Gallagher calls on policymakers to use capital controls given the\u00a0unprecedented capital outflows from emerging markets [&hellip;]<\/p>\n","protected":false},"author":10270,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5394,60],"tags":[5361,5369,5381,5378],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/posts\/23499"}],"collection":[{"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/users\/10270"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/comments?post=23499"}],"version-history":[{"count":5,"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/posts\/23499\/revisions"}],"predecessor-version":[{"id":23504,"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/posts\/23499\/revisions\/23504"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/media?parent=23499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/categories?post=23499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/pardee\/wp-json\/wp\/v2\/tags?post=23499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}