>>“In this way, cryptocurrencies may also curb the effectiveness of capital controls, a key instrument for developing countries to preserve their policy space a

>>“In this way, cryptocurrencies may also curb the effectiveness of capital controls, a key instrument for developing countries to preserve their policy space and macroeconomic stability,” the agency added. UNCTAD is now endorsing capital controls, which for decades were criticized by the West as obstacles to globalization and development. The retreat of central economic planning policies, like capital controls, is largely credited with the largest reduction in poverty in human history: http://economist.com/news/leaders/21578665-nearly-1-billion-people-have-been-taken-out-extreme-poverty-20-years-world-should-aim http://economist.com/news/leaders/21578665-nearly-1-billion-... https://theatlantic.com/magazine/archive/2010/07/the-politically-incorrect-guide-to-ending-poverty/308134/ https://theatlantic.com/magazine/archive/2010/07/the-politic... https://www.csmonitor.com/World/2016/0207/Progress-in-the-global-war-on-poverty https://www.csmonitor.com/World/2016/0207/Progress-in-the-gl...