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According to Brazil's Enigma: Sustaining Long - Term Growth and Currency Wars ( by L . Alfaro, H . White and H . Sheldahl -

According to "Brazil's Enigma: Sustaining Long-Term Growth and Currency Wars" (by L. Alfaro, H. White and H. Sheldahl-Thompson HBS),What are capital controls? Why did Brazil institute the Imposto Sobre Operacoes Financeiras (IOF)? Did the controls meet their objectives?

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