Recent Experiences with Surges in Capital Inflows
( Occasional Papers )
Publication series ： Occasional Papers
Author： Mr. Robert Brandon Kahn Mr. Adam Bennett Ms. María Vicenta Carkovic S. Ms. Susan Schadler
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 1993
E-ISBN: 9781452778259
P-ISBN(Paperback): 9781557753502
Subject： F831.7 International financial flows
Language： ENG
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Description
This paper explores the experience of six countries (Chile, Colombia, Egypt, Mexico, Spain and Thailand) with capital inflows. It illustrates that although capital inflows are usually beneficial, too great an inflow can become a problem and make it difficult for authorities to choose the appropriate policy response.