Capital Inflows and Balance of Payments Pressures : Tailoring Policy Responses in Emerging Market Economies /

Although capital inflows are generally beneficial to recipient countries, they also pose a challenge for the conduct of economic policy. This paper proposes a conceptual taxonomy to guide the design of policy responses in the face of capital flows. We explore how responses to capital surges should b...

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Bibliographic Details
Main Author: Joshi, Bikas
Other Authors: Goretti, Manuela, Ramakrishnan, Uma, Thomas, Alun
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2008/002
Online Access:Full text available on IMF