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La nueva onda de los flujos de capitales: ¿viraje radical o cambio efímero?

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  • Eduardo Fernández-Arias

Abstract

(Disponible en idioma inglés únicamente) ¿Volverán a dispararse los flujos de capitales hacia América Latina a medida que los países de la región se vayan recuperando de la recesión de 1998-99? ¿Y volverán a desplomarse nuevamente poco después, repitiendo así el ciclo del pasado? ¿Hay alguna diferencia de fondo con la nueva ola de flujos de capitales que altere este patrón histórico, un cambio radical en la manera en que la región se vincula financieramente con los mercados internacionales de capitales? ¿O no hay nada verdaderamente nuevo bajo el sol y la nueva ola de flujos de capitales será simplemente un cambio de marea con una secuela de retiro de capitales y sequía en los mercados financieros? En este trabajo se abordan estas importantes cuestiones, sobre las que hay mucha controversia.

Suggested Citation

  • Eduardo Fernández-Arias, 2000. "La nueva onda de los flujos de capitales: ¿viraje radical o cambio efímero?," Research Department Publications 4200, Inter-American Development Bank, Research Department.
    • Handle: RePEc:idb:wpaper:4200
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