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Sterilizing capital flows

Lee, Jang-Yung

Sterilizing capital flows - WashingtonUS IMF 1997 - iii, 16 p.

Examines the experience with large-scale and sustained capital inflows in Chile, Colombia, Indonesia, Korea, Spain, and Thailand at various times in the past ten years. Looks at the practical limits to sterilization policy and then discusses various supplementary techniques, including foreign exchange swaps.

11.03.03 L478










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