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The Recent Surge in Capital Inflows to Three ASEAN Countries: Causes and Macroeconomic Impact


  • Kenneth B. Bercuson
  • Linda M. Koenig


This paper was presented at the SEACEN-IMF Seminar on Issues Related to the Recent Surge in Capital Inflows to the SEACEN Countries, held in Seoul and hosted by the Bank of Korea from 14 - 16 May 1993. It analyses the causes and economic effects of, and the policy responses to surges in capital inflows in three ASEAN countries (Malaysia, Thailand and Indonesia) over the past several years.

Suggested Citation

  • Kenneth B. Bercuson & Linda M. Koenig, 1993. "The Recent Surge in Capital Inflows to Three ASEAN Countries: Causes and Macroeconomic Impact," Occasional Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number occ15, April.
  • Handle: RePEc:sea:opaper:occ15

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    Cited by:

    1. Guillermo A. Calvo & Leonardo Leiderman & Carmen M. Reinhart, 1994. "The Capital Inflows Problem: Concepts And Issues," Contemporary Economic Policy, Western Economic Association International, vol. 12(3), pages 54-66, July.
    2. repec:taf:rjapxx:v:1:y:1996:i:3:p:319-346 is not listed on IDEAS

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