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Sterilizing Capital inflows.

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Format:
Book
Government document
Author/Creator:
International Monetary Fund.
Contributor:
International Monetary Fund.
Series:
Economic Issues; Economic Issues ; No. 1997/004
Economic Issues
Language:
English
Physical Description:
1 online resource (23 pages)
Place of Publication:
Washington, D.C. : International Monetary Fund, 1997.
Language Note:
English
Summary:
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 appreciatethe domestic currency, making exports less competitive, and to encourageinflation. One defense against these destabilizing effects is to sterilize capital inflows by reducing the domestic component of themonetary base through the various initiatives explained in thispamphlet.
Notes:
Bibliographic Level Mode of Issuance: Monograph
Description based on print version record.
ISBN:
9781455230747
145523074X
9781455247738
1455247731
9781455258758
145525875X

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