Recent Experiences with Surges in Capital Inflows
Summary:
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.
Series:
Occasional Paper No. 1993/010
Subject:
Balance of payments Capital inflows Central banks Current account Current account deficits Exchange rates Foreign exchange Sterilization
English
Publication Date:
September 15, 1993
ISBN/ISSN:
9781557753502/0251-6365
Stock No:
S108EA0000000
Pages:
51
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