Capital Inflows and Real Exchange Rate Appreciation in Latin America : The Role of External Factors /

The characteristics of recent capital inflows into Latin America are discussed. It is argued that these inflows are partly explained by conditions outside the region, like recession in the United States and lower international interest rates. This suggests the possibility that a reversal of those co...

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Hlavní autor: Leiderman, Leonardo
Další autoři: Calvo, Guillermo, Reinhart, Carmen
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1992.
Edice:IMF Working Papers; Working Paper ; No. 1992/062
On-line přístup:Full text available on IMF