Capital Inflows and Policy Responses in the AsEAN Region

Capital Inflows and Policy Responses in the AsEAN Region
This paper reviews the experience of four ASEAN countries in dealing with an unprecedently strong influx of foreign capital in the late 1980s and early 1990s. While there was some increase in inflation associated with the inflows, it was relatively minor, and real exchange rates did not appreciate. Countries responded in the first instance by... READ MORE...

Publication date: April 1996
ISBN 9781451844214
$15.00

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