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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Dettagli Bibliografici
Autore principale: Frankel, Jeffrey
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1994.
Serie:IMF Working Papers; Working Paper ; No. 1994/159
Accesso online:Full text available on IMF