01781cas a2200265 a 4500 AALejournalIMF009248 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451969931 1934-7456 BD-DhAAL BD-DhAAL Reinhart, Carmen. The Capital Inflows Problem : Concepts and Issues / Carmen Reinhart, Leonardo Leiderman, Guillermo Calvo. Washington, D.C. : International Monetary Fund, 1993. 1 online resource (37 pages) IMF Policy Discussion 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 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. Mode of access: Internet Calvo, Guillermo. Leiderman, Leonardo. IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1993/010 Full text available on IMF http://elibrary.imf.org/view/journals/003/1993/010/003.1993.issue-010-en.xml IMF e-Library