After being excluded from world capital markets during the debt crisis, many developing countries have experienced large capital inflows in the past five years. The challenges these inflows pose for domestice policy have generated a substantial literature. The authors review and extend that literature. They characterize the new inflows, assess their causes and the likelihood of sustainability, analyze the policy issues they raise, and evaluate the...
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INFORMATION
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1995/06/30
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Document de travail de recherche sur les politiques
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WPS1473
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1
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1
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2010/07/01
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The surge in capital inflows to developing countries : prospects and policy response
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Capital Inflows