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Inversión de las corrientes de capital, tipo de cambio y dolarización
[Capital Flow Reversals, the Exchange Rate Debate, and Dollarization]

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Author Info
Reinhart, Carmen
Calvo, Guillermo

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Abstract

More frequent and increasingly severe crises are encouraging emerging market economies to seek means to make themselves less vulnerable to sudden stops in capital flows. Capital controls have been widely discussed, but dollarization may offer a longer-term and more market-friendly solution.

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File URL: http://mpra.ub.uni-muenchen.de/13692/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13692.

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Date of creation: Sep 1999
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Publication status: Published in Finanzas y Desarollo 3.36(1999): pp. 13-15
Handle: RePEc:pra:mprapa:13692

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Related research
Keywords: crisis financiera flujos de capital tipo de cambio controles de capital;

Find related papers by JEL classification:
F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
F3 - International Economics - - International Finance

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