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“Some Lessons for Policy Makers Who Deal with the Mixed Blessing of Capital Inflows,”

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  • Reinhart, Carmen
  • Reinhart, Vincent

Abstract

This paper provides a cross country analysis of surges on capital inflows. Specifically, we examine the broad range of policies that countries have adopted to cope the challenges posed by large and volatile capital flows. We take stock of developments of exchange rate and monetary policy, including, in some cases, the use of capital constrols.

Suggested Citation

  • Reinhart, Carmen & Reinhart, Vincent, 1998. "“Some Lessons for Policy Makers Who Deal with the Mixed Blessing of Capital Inflows,”," MPRA Paper 7123, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:7123
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    References listed on IDEAS

    as
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    JEL classification:

    • F3 - International Economics - - International Finance
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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