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...
| Autor principal: | |
|---|---|
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1994.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 1994/159 |
| Acesso em linha: | Full text available on IMF |