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Interest rate caps around the world: still popular, but a blunt instrument (English)

Among other common forms of government financial control, caps on interest rates have been declining over the past several decades as most industrialized countries and a rising number of developing countries continue liberalizing their financial policies. However, in several countries the last financial crisis reopened the debate on interest rate controls as a tool for consumer protection. This paper undertakes a stock-taking exercise to determine...
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Henriquez Gallegos,Claudia Alejandra; Maimbo,Samuel Munzele.

Interest rate caps around the world: still popular, but a blunt instrument (English). Policy Research working paper ; no. WPS 7070 Washington, DC: World Bank Group. http://documents.worldbank.org/curated/en/876751468149083943

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