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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Detalles Bibliográficos
Autor Principal: Leiderman, Leonardo
Outros autores: Calvo, Guillermo, Reinhart, Carmen
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/062
Acceso en liña:Full text available on IMF