Capital flows and their effect on the monetary base

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(51/93)
cepal.docTypeRevistas
cepal.idSade19925
cepal.topicEngINFLATION
cepal.topicSpaINFLACIÓN
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorReisen, Helmut
dc.coverage.spatialEngASIA AND THE PACIFIC
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.coverage.spatialSpaASIA Y EL PACIFICO
dc.date.accessioned2014-01-02T18:40:59Z
dc.date.available2014-01-02T18:40:59Z
dc.date.issued1993-12
dc.descriptionIncludes bibliography
dc.description.abstractThe large capital inflows into some Latin American countries since 1990 are a mixed blessing, for they widen the trade-off between disinflation at home and competitiveness abroad. A large part of the flows seems to be temporary rather than permanent. Permanent flows should be accommodated by an upward float of the currency, temporary flows by sterilized intervention on the foreign exchange market. Recent evidence suggests that sterilized intervention is more effective and carries lower fiscal costs than is often maintained. Asian policy practice suggests ways of sterilized intervention even with underdeveloped securities markets.
dc.formatTexto
dc.format.extentpáginas. 113-122
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.1792-P
dc.identifier.urihttps://hdl.handle.net/11362/10469
dc.language.isoeng
dc.physicalDescriptionp. 113-122
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo51
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngCAPITAL MOVEMENTS
dc.subject.unbisEngCOMPETITION
dc.subject.unbisEngFOREIGN EXCHANGE
dc.subject.unbisEngINFLATION
dc.subject.unbisEngMONETARY RESERVES
dc.subject.unbisSpaCOMPETENCIA
dc.subject.unbisSpaDIVISAS
dc.subject.unbisSpaINFLACION
dc.subject.unbisSpaMOVIMIENTOS DE CAPITAL
dc.subject.unbisSpaRESERVAS MONETARIAS
dc.titleCapital flows and their effect on the monetary base
dc.type.coarartículo
dspace.entity.typePublication
relation.isAuthorOfPublicationebf083c9-6bbd-4768-8c4d-3c719f2baf4a
relation.isAuthorOfPublication.latestForDiscoveryebf083c9-6bbd-4768-8c4d-3c719f2baf4a
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