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

Tailoring Policy Responses in Emerging Market Economies

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 be differentiated based on the source of balance... READ MORE...

Publication date: June 2008
ISBN 9781451945997
$18.00

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