Large Capital Flows : A Survey of the Causes, Consequences, and Policy Responses

A Survey of the Causes, Consequences, and Policy Responses

Large Capital Flows : A Survey of the Causes, Consequences, and Policy Responses
This paper reviews the causes, consequences, and policy responses to large capital flows in several emerging markets. It opens by studying recent patterns of capital flows, and then discusses the causes of capital flows. Emphasis is given to the reasons behind the capital inflow episode in the 1990s, the major reversals, and the volatility... READ MORE...

Publication date: February 1999
ISBN 9781451843514
$15.00

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