Capital Flows to Brazil-The Endogeneity of Capital Controls Ilan Goldfajn

ISBN: 9786613868480

Published: September 1st 1997

ebook

49 pages


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Capital Flows to Brazil-The Endogeneity of Capital Controls  by  Ilan Goldfajn

Capital Flows to Brazil-The Endogeneity of Capital Controls by Ilan Goldfajn
September 1st 1997 | ebook | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 49 pages | ISBN: 9786613868480 | 4.21 Mb

Brazil, as many other developing countries, has experienced a surge in capital inflows in the 1990s. Initially praised for eliminating a decade of restricted borrowing, the new flows soon raised traditional questions. Are the capital inflowsMoreBrazil, as many other developing countries, has experienced a surge in capital inflows in the 1990s.

Initially praised for eliminating a decade of restricted borrowing, the new flows soon raised traditional questions. Are the capital inflows temporary? How should authorities respond to the macroeconomic effects of large capital inflows, such as real appreciation and monetary or debt expansion? Should capital controls be introduced to change the volume and composition of capital flows?



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