01501cas a2200241 a 4500 AALejournalIMF012792 230101c9999 xx r poo 0 0eng d 5.00 USD 9781557756329 1020-5098 BD-DhAAL BD-DhAAL International Monetary Fund. Sterilizing Capital inflows. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (23 pages) Economic Issues <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 Developing countries fortunate enough to experience capital inflows haveseen rising levels of investment and enhanced economic growth. Capitalinflows have a negative side, however, in that they tend to appreciatethe domestic currency, making exports less competitive, and to encourageinflation. One defense against these destabilizing effects is to sterilize capital inflows by reducing the domestic component of themonetary base through the various initiatives explained in thispamphlet. Mode of access: Internet Economic Issues; Economic Issues ; No. 1997/004 Full text available on IMF http://elibrary.imf.org/view/books/051/15225-9781557756329-en/15225-9781557756329-en-book.xml IMF e-Library