BIS Review 38/1999  2  In the case of residents, limits were introduced for amounts that can now be invested outside of the country by corporates, institutional investors and private individuals. The further phasing-out of exchange controls requires the gradual raising of these ceilings until they are no longer restrictive.
Some observers who are skeptical that the bias in the CPI could be very large have noted that the evidence on the magnitude of unmeasured quality change and the importance of new items bias is incomplete and inconclusive. Without a doubt, quality change and new items are among the most difficult of the problems currently confronting the BLS.