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Searching with a thematic focus on Structural adjustment policies, Agriculture and food, Aid and debt, Finance policy, International capital flows, International capital flows capital movements
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The surge in capital inflows to developing countries : prospects and policy response
Policy Research Working Papers, World Bank, 1995Foreign interest rates have been the "push" factor driving capital inflows and determining their magnitude, but country creditworthiness has influenced the timing and geographic destination of the new capital flows.DocumentSustainability of private capital flows to developing countries : is ageneralized reversal likely?
Policy Research Working Papers, World Bank, 1995Developing countries that undertake adequate domestic reform should continue to expect capital inflows, despite recent events in Mexico and the U.S. Federal Reserve Board's raising of interest rates during 1994.Since 1989, private capital flows to a select group of developing countries have increased sharply, but developments in 1994 have caused concern about the sustainability of those flows.DocumentCoping with too much of a good thing : policy responses for large capital inflows to developing countries
Policy Research Working Papers, World Bank, 1995Economic policy on capital inflows does not lend itself to one size fits all policy prescriptions, but in the design of policy strategies for dealing with the inevitable volatility of such flows, a premium should be put on credibility, resilience, and flexibility.In discussing the causes and consequences of large capital inflows to developing countries, Goldstein emphasizes that:Although the
