Sterilization of Money Inflows : Difficult (Calvo) or Easy (Reisen)? /

Some countries undergoing exchange-rate-based stabilization and financial liberalization in Latin America, Asia and elsewhere have faced large capital inflows since 1991. Many have tried to sterilize the reserve inflows. Calvo, Leiderman, and Reinhart argue essentially that sterilization is more dif...

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Detalles Bibliográficos
Autor principal: Frankel, Jeffrey
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1994.
Colección:IMF Working Papers; Working Paper ; No. 1994/159
Acceso en línea:Full text available on IMF