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Reinhart, Carmen.

The Capital Inflows Problem Concepts and Issues / Carmen Reinhart. [electronic resource] : Carmen Reinhart. - Washington, D.C. : International Monetary Fund, 1993. - 1 online resource (37 p.) - IMF Policy Discussion Papers; Papers on Policy Analysis and Assessment ; No. 93/10 . - IMF Policy Discussion Papers; Papers on Policy Analysis and Assessment ; No. 93/10 .

Since 1990 capital has started to move from industrial countries to developing regions like Latin America, the Middle East and parts of Asia. Reentry into international capital markets is a welcome turn of events for most countries. However, capital inflows are often associated with inflationary pressures, a real exchange rate appreciation, a deterioration in the current account, and a boom in bank lending. This paper briefly examines how these inflows have altered the macroeconomic environment in a number of Asian and Latin American countries. The pros and cons of a menu of policy options are discussed.

ISBN: 1451969937 : 10.00 USD

ISSN: 1934-7456

Standard No.: 10.5089/9781451969931.003 doi

Subjects--Topical Terms:
Capital Inflow
Capital Inflows
Exchange Rate Appreciation
Exchange Rate
Real Exchange Rate

Subjects--Geographic Terms:
Argentina
Chile
Colombia
Malaysia
United States