Sterilizing Capital inflows [electronic resource]
- Washington, D.C. : International Monetary Fund, 1997.
- 1 online resource (23 p.)
- Economic Issues .
- Economic Issues .
Developing countries fortunate enough to experience capital inflows haveseen rising levels of investment and enhanced economic growth. Capitalinflows have a negative side, however, in that they tend to appreciatethe domestic currency, making exports less competitive, and to encourageinflation. One defense against these destabilizing effects is to sterilize capital inflows by reducing the domestic component of themonetary base through the various initiatives explained in thispamphlet.
1557756325 : 0.00 USD
1020-5098
10.5089/9781557756329.051 doi
Capital Controls
Capital Inflows
Central Bank
Open Market Operations
Reserve Requirements
Chile
Colombia
Korea, Republic of
Spain
Thailand
Developing countries fortunate enough to experience capital inflows haveseen rising levels of investment and enhanced economic growth. Capitalinflows have a negative side, however, in that they tend to appreciatethe domestic currency, making exports less competitive, and to encourageinflation. One defense against these destabilizing effects is to sterilize capital inflows by reducing the domestic component of themonetary base through the various initiatives explained in thispamphlet.
1557756325 : 0.00 USD
1020-5098
10.5089/9781557756329.051 doi
Capital Controls
Capital Inflows
Central Bank
Open Market Operations
Reserve Requirements
Chile
Colombia
Korea, Republic of
Spain
Thailand