Capital flows and their effect on the monetary base
Includes bibliography
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2014
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oai-11362-104692020-03-03T20:03:42Z Capital flows and their effect on the monetary base Reisen, Helmut COMPETENCIA DIVISAS INFLACION MOVIMIENTOS DE CAPITAL RESERVAS MONETARIAS CAPITAL MOVEMENTS COMPETITION FOREIGN EXCHANGE INFLATION MONETARY RESERVES Includes bibliography The large capital inflows into some Latin American countries since 1990 are a mixed blessing, for they widen the trade-off between disinflation at home and competitiveness abroad. A large part of the flows seems to be temporary rather than permanent. Permanent flows should be accommodated by an upward float of the currency, temporary flows by sterilized intervention on the foreign exchange market. Recent evidence suggests that sterilized intervention is more effective and carries lower fiscal costs than is often maintained. Asian policy practice suggests ways of sterilized intervention even with underdeveloped securities markets. 2014-01-02T18:40:59Z 2014-01-02T18:40:59Z 1993-12 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10469 LC/G.1792-P en CEPAL Review CEPAL Review 51 application/pdf AMERICA LATINA ASIA Y EL PACIFICO ASIA AND THE PACIFIC LATIN AMERICA |
| institution |
Cepal |
| collection |
Cepal |
| language |
English |
| topic |
COMPETENCIA DIVISAS INFLACION MOVIMIENTOS DE CAPITAL RESERVAS MONETARIAS CAPITAL MOVEMENTS COMPETITION FOREIGN EXCHANGE INFLATION MONETARY RESERVES |
| spellingShingle |
COMPETENCIA DIVISAS INFLACION MOVIMIENTOS DE CAPITAL RESERVAS MONETARIAS CAPITAL MOVEMENTS COMPETITION FOREIGN EXCHANGE INFLATION MONETARY RESERVES Reisen, Helmut Capital flows and their effect on the monetary base |
| description |
Includes bibliography |
| format |
Texto |
| author |
Reisen, Helmut |
| author_facet |
Reisen, Helmut |
| author_sort |
Reisen, Helmut |
| title |
Capital flows and their effect on the monetary base |
| title_short |
Capital flows and their effect on the monetary base |
| title_full |
Capital flows and their effect on the monetary base |
| title_fullStr |
Capital flows and their effect on the monetary base |
| title_full_unstemmed |
Capital flows and their effect on the monetary base |
| title_sort |
capital flows and their effect on the monetary base |
| publishDate |
2014 |
| url |
http://hdl.handle.net/11362/10469 |
| work_keys_str_mv |
AT reisenhelmut capitalflowsandtheireffectonthemonetarybase |
| _version_ |
1718438784783089664 |