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Recent Experiences with Surges in Capital Inflows

Author

Listed:
  • Robert Brandon Kahn
  • Adam Bennett
  • María Vicenta Carkovic S.
  • Susan M Schadler

Abstract

This paper explores the experience of six countries (Chile, Colombia, Egypt, Mexico, Spain and Thailand) with capital inflows. It illustrates that although capital inflows are usually beneficial, too great an inflow can become a problem and make it difficult for authorities to choose the appropriate policy response.

Suggested Citation

  • Robert Brandon Kahn & Adam Bennett & María Vicenta Carkovic S. & Susan M Schadler, 1993. "Recent Experiences with Surges in Capital Inflows," IMF Occasional Papers 108, International Monetary Fund.
  • Handle: RePEc:imf:imfocp:108
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