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Sterilizing capital inflows / Jang-Yung Lee.

By: Contributor(s): Material type: TextTextSeries: Economic issues (International Monetary Fund) ; 7.Publisher: Washington, D.C. : International Monetary Fund, 1997Copyright date: ©1997Description: 1 online resource (iii, 16 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781455258758
  • 145525875X
Subject(s): Genre/Form: Additional physical formats: Print version:: Sterilizing capital inflows.DDC classification:
  • 332.042091724 22
LOC classification:
  • HF1351 .E33 v.7eb
Other classification:
  • QM 350
  • ZB 50200
Online resources: Action note:
  • digitized 2010 HathiTrust Digital Library committed to preserve
Summary: 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.
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Total holds: 0

"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.

Print version record.

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.

Use copy Restrictions unspecified star MiAaHDL

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

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. MiAaHDL

http://purl.oclc.org/DLF/benchrepro0212

digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL

WorldCat record variable field(s) change: 650

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