Restrictions on capital flows can have effects on economies. After the 2008 financial crisis, international financial institutions started supporting limits on capital movements. A study looked at data from 25 emerging economies between 2000 and 2016. The results showed that these restrictions were more effective after the crisis, helping with monetary policy and exchange rates. Surprisingly, they didn't have a big impact on international reserves. It's important to follow guidelines from international financial organizations to manage capital flows and coordinate economic policies better.