Capital Inflows and Real Exchange Rate Appreciation in Latin America : The Role of External Factors

The Role of External Factors

Capital Inflows and Real Exchange Rate Appreciation in Latin America : The Role of External Factors
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,... READ MORE...

Publication date: August 1992
ISBN 9781451964455
$15.00

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