Inversión de las corrientes de capital, tipo de cambio y dolarización

Capital Flow Reversals, the Exchange Rate Debate, and Dollarization

Carmen Reinhart and Guillermo Calvo

MPRA Paper from University Library of Munich, Germany

Abstract: More frequent and increasingly severe crises are encouraging emerging market economies to seek means to make themselves less vulnerable to sudden stops in capital flows. Capital controls have been widely discussed, but dollarization may offer a longer-term and more market-friendly solution.

Keywords: crisis; financiera; flujos; de; capital; tipo; de; cambio; controles; de; capital (search for similar items in EconPapers)
JEL-codes: F3 F4 (search for similar items in EconPapers)
Date: 1999-09
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Citations: View citations in EconPapers (2)

Published in Finanzas y Desarollo 3.36(1999): pp. 13-15

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https://mpra.ub.uni-muenchen.de/13692/1/MPRA_paper_13692.pdf original version (application/pdf)

Related works:
Working Paper: Reflections on Dollarization (2001)
Working Paper: Capital Flow Reversals,the Exchange Rate Debate,and Dollarization (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13692

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