Recent Experiences with Surges in Capital Inflows

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.
Publication date: September 1993
ISBN: 9781557753502
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Banks and Banking , capital inflows , exchange rate , foreign exchange , capital outflows , current account

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