English, Article edition: THE CAPITAL INFLOWS PROBLEM: CONCEPTS AND ISSUES GUILLERMO A. CALVO; LEONARDO LEIDERMAN; CARMEN M. REINHART

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Bookmark: http://trove.nla.gov.au/version/184597
Physical Description
  • article
Language
  • English

Edition details

Title
  • THE CAPITAL INFLOWS PROBLEM: CONCEPTS AND ISSUES
Author
  • GUILLERMO A. CALVO
  • LEONARDO LEIDERMAN
  • CARMEN M. REINHART
Physical Description
  • article
Notes
  • "Since 1990, capital has flowed from industrial countries to developing regions like Latin America and parts of Asia. Most countries welcome reentry into international capital markets. However, capital inflows often are 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, and discusses the pros and cons of the policy options". Copyright 1994 Western Economic Association International.
  • RePEc:bla:coecpo:v:12:y:1994:i:3:p:54-66
Language
  • English
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