The Capital Inflows Problem : Concepts and Issues /

Since 1990 capital has started to move from industrial countries to developing regions like Latin America, the Middle East and parts of Asia. Reentry into international capital markets is a welcome turn of events for most countries. However, capital inflows are often associated with inflationary pre...

Полное описание

Библиографические подробности
Главный автор: Reinhart, Carmen
Другие авторы: Calvo, Guillermo, Leiderman, Leonardo
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1993.
Серии:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1993/010
Online-ссылка:Full text available on IMF
Описание
Итог:Since 1990 capital has started to move from industrial countries to developing regions like Latin America, the Middle East and parts of Asia. Reentry into international capital markets is a welcome turn of events for most countries. However, capital inflows are often associated with inflationary pressures, a real exchange rate appreciation, a deterioration in the current account, and a boom in bank lending. This paper briefly examines how these inflows have altered the macroeconomic environment in a number of Asian and Latin American countries. The pros and cons of a menu of policy options are discussed.
Примечание:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Объем:1 online resource (37 pages)
Формат:Mode of access: Internet
ISSN:1934-7456
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students