Capital Inflows and Balance of Payments Pressures : Tailoring Policy Responses in Emerging Market Economies / Bikas Joshi, Manuela Goretti, Uma Ramakrishnan, Alun Thomas.
Although capital inflows are generally beneficial to recipient countries, they also pose a challenge for the conduct of economic policy. This paper proposes a conceptual taxonomy to guide the design of policy responses in the face of capital flows. We explore how responses to capital surges should b...
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Full Text (via IMF e-Library) |
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| Other Authors: | , , |
| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2008/002. |