Arbeitspapier

The Macroeconomics of Capital Flows to Latin America: Experience and Policy Issues

This paper reviews recent experience with international capital flows in Latin America, and discusses the policy issues that surround them. The paper is predicated on three basic premises. Capital flows to the region are an important source of macroeconomic disturbance. Also, capital flows are very volatile. Large fluctuations in these flows are due in substantial part to factors external to Latin America. In addition, the fluctuations require a policy response. Policy should respond to sudden inflows or outflows of capital.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 310

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Gavin, Michael
Hausmann, Ricardo
Leiderman, Leonardo
Event
Veröffentlichung
(who)
Inter-American Development Bank, Office of the Chief Economist
(where)
Washington, DC
(when)
1995

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Gavin, Michael
  • Hausmann, Ricardo
  • Leiderman, Leonardo
  • Inter-American Development Bank, Office of the Chief Economist

Time of origin

  • 1995

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