The evidence, from Chile and elsewhere, is that the extent to which such capital movements are destabilising depends largely on the strength of a country's financial system and the soundness of its economic policies on matters, in other words, that are under the control of governments.

ECONOMIST: Keeping the hot money out

This was done because we believe that this will contribute to the soundness of the financial system and the economy.

WHITEHOUSE: Press Briefing

Under our current system of safety-and-soundness regulation, supervisors often focus on the financial conditions of individual institutions in isolation.

FORBES: Transcript