First . tl1e article discusses capital colltrol cthets in terms of tl1eon " al1d positivism , secondl } , on the basis of cost - retenue a11alysis oter capital control , the author explains wh " there are different altitudes tot ' ards capital col1trol in differcl1t countries ; at the el1d of tl1e chapter , the author analyses the shortcomings attacl1ed to tl1e fixcd exchange rate regil11e on tl1e basis of capital control . the fourth chapter discusses the other principle mechanisl1l - - - - lnarket tntertention l ' ron1 tl1e central bank 首先，本章在成本-效果框架内从理论和实证的角度考察了资本项目管制效力；然后，本章在提供了关于资本项目管制成本-收益的全面权衡框架的基础上，分析了不同国家对资本项目管制态度存在差异的原因；最后，本章讨论了资本项目严格管制条件下的汇率稳定问题，指出了资本项目严格管制条件下实行固定汇率制度的一系列弊端。
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