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...

Description complète

Détails bibliographiques
Auteur principal: Leiderman, Leonardo
Autres auteurs: Calvo, Guillermo, Reinhart, Carmen
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1992.
Collection:IMF Working Papers; Working Paper ; No. 1992/062
Accès en ligne:Full text available on IMF