Author: | Robert Mr. Kahn, Adam Mr. Bennett, María Ms. Carkovic S., Susan Ms. Schadler | ISBN: | 9781452773186 |
Publisher: | INTERNATIONAL MONETARY FUND | Publication: | September 15, 1993 |
Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
Author: | Robert Mr. Kahn, Adam Mr. Bennett, María Ms. Carkovic S., Susan Ms. Schadler |
ISBN: | 9781452773186 |
Publisher: | INTERNATIONAL MONETARY FUND |
Publication: | September 15, 1993 |
Imprint: | INTERNATIONAL MONETARY FUND |
Language: | English |
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.
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.