01744cas a2200253 a 4500 AALejournalIMF000772 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451858235 1018-5941 BD-DhAAL BD-DhAAL Laurens, Bernard. Managing Capital Flows : Lessons From the Experience of Chile / Bernard Laurens, Jaime Cardoso. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (53 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students As a result of the Asian crisis, methods of coping with volatile international capital markets have received considerable attention from observers and policymakers. It has been argued that the imposition by Chile of a nonremunerated reserve requirement on external borrowing played a useful role in the smooth liberalization of its capital account by allowing Chile to deal effectively with short-term capital inflows and thus to reduce its vulnerability to external shocks, and that such measures should be adopted by other countries. In light of this, this paper reviews Chile's experience in managing capital flows and draws lessons for policymakers. Mode of access: Internet Cardoso, Jaime. IMF Working Papers; Working Paper ; No. 1998/168 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/168/001.1998.issue-168-en.xml IMF e-Library