RBA's Battellino on regional capital flows

In the speech 'Regional capital flows' given on 28 June (published 21 July) Ric Battellino of the RBA said cross-border capital flows are growing and they are having an increased bearing on our work as policy-makers.

"We should not try to limit these flows - that would be both pointless and harmful. Rather, we need to understand them and learn to live with them. Among other things, that means following sound policies and promoting the development of financial systems that allow banks and

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