Source: Sterilizing Capital inflows
Series: Economic Issues
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 March 1997
Keywords: capital inflows, central bank, open market operations, capital controls, reserve requirements
Many developing countries have reaped handsome rewards from surging capital inflows in recent years. This is widely regarded as a very welcome phenomenon, raising levels of investment and encouraging economi...