Capital Inflows and Real Exchange Rate Appreciation in Latin America

Capital Inflows and Real Exchange Rate Appreciation in Latin America
Author: Mr.Guillermo Calvo
Publisher: International Monetary Fund
Total Pages: 66
Release: 1992-08-01
Genre: Business & Economics
ISBN: 1451964455


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The characteristics of recent capital inflows into Latin America are discussed. It is argued that these inflows are partly explained by conditions outside the region, like recession in the United States and lower international interest rates. This suggests the possibility that a reversal of those conditions may lead to a future capital outflow, increasing the macroeconomic vulnerability of Latin American economies. Policy options are argued to be limited.


Capital Inflows and Real Exchange Rate Appreciation in Latin America
Language: en
Pages: 66
Authors: Mr.Guillermo Calvo
Categories: Business & Economics
Type: BOOK - Published: 1992-08-01 - Publisher: International Monetary Fund

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The characteristics of recent capital inflows into Latin America are discussed. It is argued that these inflows are partly explained by conditions outside the r
Capital Inflows and Real Exchange Rate Appreciation in Latin America
Language: en
Pages: 70
Authors: Guillermo A. Calvo
Categories: Capital movements
Type: BOOK - Published: 1992 - Publisher:

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Capital Inflows and the Real Exchange Rate
Language: en
Pages: 34
Authors: Prema-chandra Athukorala
Categories: Asia
Type: BOOK - Published: 2003 - Publisher:

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Capital Inflows and Real Exchange Rate Appreciation in Latin America
Language: en
Pages: 66
Authors: Guillermo A. Calvo
Categories:
Type: BOOK - Published: 2006 - Publisher:

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The characteristics of recent capital inflows into Latin America are discussed. It is argued that these inflows are partly explained by conditions outside the r
Capital Inflows and the Real Exchange Rate
Language: en
Pages: 50
Authors: Mr.Alexander W. Hoffmaister
Categories: Business & Economics
Type: BOOK - Published: 1996-12-01 - Publisher: International Monetary Fund

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This paper examines the links between capital inflows and the real exchange rate under pegged exchange rates. The analytical framework is described, and a near-