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Sterilizing Capital Inflows

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Source: Sterilizing Capital inflows

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 1997

ISBN: 9781557756329

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...