This paper examines capital controls in two ways. First, it assesses whether capital controls have an economic justification within the context of an economyâ  s and, in particular, its financial sectorâ  s stage of development. It concludes that capital controls can be justified...

In September 1981 Canada and the Association of Southeast Asian Nations (ASEAN) signed the first economic co-operation agreement between ASEAN and an individual country. The Agreement was indicative of the changing focus in Canadian international economic relations towards the Pacific area. It...