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Sterilizing Capital inflows

Sterilizing Capital inflows »

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 1997

DOI: http://dx.doi.org/10.5089/9781557756329.051

ISBN: 9781557756329

Keywords: capital inflows, central bank, open market operations, capital controls, reserve requirements

Developing countries fortunate enough to experience capital inflows haveseen rising levels of investment and enhanced economic growth. Capitalinflows have a negative side, however, in that they tend to appreciateth...