The balance of payments records a country's transactions with the rest of the world, including trade and capital movement.
32.
"International capital movements need to be supervised and the allocation of credit regulated by an international authority, " he said.
33.
"International capital movements need to be supervised and the allocation of credit regulated by an international authority, " he argues.
34.
It follows that international capital movements need to be supervised and the allocation of credit regulated by an international authority.
35.
He said an international tax on capital movements should be discussed at a summit conference of wealthy and developing countries.
36.
The EU trade ministers did not discuss a Franco-German plan to study the idea of taxing speculative, short-term capital movements.
37.
Fears the government could impose restrictions on short-term capital movements also prompted some investors to sell stock, said Provincia Bursatil's Hintz.
38.
But he also said the world needs more transparency of financial markets, less government corruption and more liberalization of capital movements.
39.
In a world of free capital movement, he said, who can believe " that a state alone has monetary sovereignty ?"
40.
Our aim must be to make capital movements more stable, by organising the transparency of information and by strengthening prudential safeguards.
