Large Capital Flows
Download or Read eBook Large Capital Flows PDF written by Mr.Alejandro Lopez Mejia and published by International Monetary Fund. This book was released on 1999-02-01 with total page 55 pages. Available in PDF, EPUB and Kindle.
Author | : Mr.Alejandro Lopez Mejia |
Publisher | : International Monetary Fund |
Total Pages | : 55 |
Release | : 1999-02-01 |
ISBN-10 | : 9781451843514 |
ISBN-13 | : 1451843518 |
Rating | : 4/5 (14 Downloads) |
Book Synopsis Large Capital Flows by : Mr.Alejandro Lopez Mejia
Book excerpt: This paper reviews the causes, consequences, and policy responses to large capital flows in several emerging markets. It opens by studying recent patterns of capital flows, and then discusses the causes of capital flows. Emphasis is given to the reasons behind the capital inflow episode in the 1990s, the major reversals, and the volatility observed in these flows. The paper goes on to examine the consequences of capital inflows and the pros and cons of alternative policy responses. It concludes with policy lessons derived from country experiences.