Capital inflows to some developing countries have increased sharply in recent years. Impelled by better economic prospects in those countries, lower international interest rates, and a slowdown of economic activity in the capital exporting countries, the inflows have furnished financing much needed to increase the use of existing capacity and to stimulate investment. But capital inflows can bring with them their own problems. Typical macroeconomic...
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1996/02/01
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Artigo de revista
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76555
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1
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1
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2013/04/15
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Disclosed
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Macroeconomic adjustment to capital inflows : lessons from recent Latin American and East Asian experience
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capital inflow
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