Capital Flows to Transition Economies : Master or Servant? /

This paper discusses the forces driving capital flows in the transition countries of Central and Eastern Europe (CEE). It argues that various influences-specifically, the real exchange rate history and trend and the factor intensity of production-can combine to motivate very large capital inflows. T...

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Bibliographic Details
Main Author: Lipschitz, Leslie
Other Authors: Lane, Timothy, Mourmouras, Alex
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/011
Online Access:Full text available on IMF

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