01628cas a2200241 a 4500 AALejournalIMF000811 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451843514 1018-5941 BD-DhAAL BD-DhAAL Lopez Mejia, Alejandro. Large Capital Flows : A Survey of the Causes, Consequences, and Policy Responses / Alejandro Lopez Mejia. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (54 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 This paper reviews the causes, consequences, and policy responses to large capital flows in several emerging markets. It opens by studying recent patterns of capital flows, and then discusses the causes of capital flows. Emphasis is given to the reasons behind the capital inflow episode in the 1990s, the major reversals, and the volatility observed in these flows. The paper goes on to examine the consequences of capital inflows and the pros and cons of alternative policy responses. It concludes with policy lessons derived from country experiences. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1999/017 Full text available on IMF http://elibrary.imf.org/view/journals/001/1999/017/001.1999.issue-017-en.xml IMF e-Library