Dealing with Capital Inflows. Are There Any Lessons?
This paper reviews the experience of a heterogeneous group of developing countries in maintaining macroeconomic stability in the face of heavy capital flows.
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|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: United Nations University; World Institute for Development Economics Research, Katajanokanlaituri 6B, 00160 Helsinki|
Web page: http://www.wider.unu.edu/
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- Philippe BACCHETTA & Eric VAN WINCOOP, 1994. "Net Capital Flows under Exchange Rate and Price Volatility," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 9414, Université de Lausanne, Faculté des HEC, DEEP.
- Dominguez, Kathryn M & Frankel, Jeffrey A, 1993. "Does Foreign-Exchange Intervention Matter? The Portfolio Effect," American Economic Review, American Economic Association, vol. 83(5), pages 1356-69, December.
- Alberto Carrasquilla, 1995. "Exchange Rate Bands and Shifts in the Stabilization Policy Regime; Issues Suggested by the Experience of Colombia," IMF Working Papers 95/42, International Monetary Fund.
- Krugman, Paul, 1987. "The narrow moving band, the Dutch disease, and the competitive consequences of Mrs. Thatcher : Notes on trade in the presence of dynamic scale economies," Journal of Development Economics, Elsevier, vol. 27(1-2), pages 41-55, October.
- Guillermo A. Calvo, 1991. "The Perils of Sterilization," IMF Staff Papers, Palgrave Macmillan, vol. 38(4), pages 921-926, December.
- Grobar, Lisa Morris, 1993. "The effect of real exchange rate uncertainty on LDC manufactured exports," Journal of Development Economics, Elsevier, vol. 41(2), pages 367-376, August.
- Robert Brandon Kahn & Adam Bennett & MarÃa Vicenta Carkovic S. & Susan M Schadler, 1993. "Recent Experiences with Surges in Capital Inflows," IMF Occasional Papers 108, International Monetary Fund.
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