Sterilizing capital inflows /

Yi, Chang-yŏng, 1955-

Sterilizing capital inflows / Jang-Yung Lee. - 1 online resource (iii, 16 pages). - Economic issues ; 7 . - Economic issues (International Monetary Fund) ; 7. .

"Draws on material originally contained in IMF Working Paper 96/53 'Implications of a surge in capital inflows: available tools and consequences for the conduct of monetary policy, ' by Jang-Yung Lee"--Page iii. "Published February 1997"--Title page verso.

Use copy

Developing countries fortunate enough to experience capital inflows have seen rising levels of investment and enhanced economic growth. Capital inflows have a negative side, however, in that they tend to appreciate the domestic currency, making exports less competitive, and to encourage inflation. One defense against these destabilizing effects is to sterilize capital inflows by reducing the domestic component of the monetary base through the various initiatives explained in this pamphlet.


Electronic reproduction.
[S.l.] :
HathiTrust Digital Library,
2010.


Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
http://purl.oclc.org/DLF/benchrepro0212

9781455258758 145525875X


Capital movements--Developing countries.
Monetary policy--Developing countries.
Investments, Foreign--Developing countries.
Inflation (Finance)--Developing countries.
Economic stabilization--Developing countries.
Absorptive capacity (Economics)--Developing countries.
Investissements étrangers--Pays en voie de développement.
Mouvements de capitaux--Pays en voie de développement.
Capacité d'absorption (Économie politique)--Pays en voie de développement.
BUSINESS & ECONOMICS--Finance.
Capital movements.
Economic stabilization.
Inflation (Finance)
Investments, Foreign.
Monetary policy.
Desenvolvimento econômico.
Estabilização econômica.
Inflação.
Investimentos.
Política monetária.


Developing countries.


Electronic books.
Electronic books.

HF1351 / .E33 v.7eb

332.042091724

Powered by Koha