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A Round Of “Claytons” Capital Controls For Asia

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We can’t really call them capital controls, or even quasi-capital controls. Can we call them capital curbs? Capital management? Perhaps we can call them Claytons controls, after the nonalcoholic drink that was popular in the 1970s and 1980s for its slogan: “The drink you have, when you’re not having a drink.” Asian nations aren’t calling [...]

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