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dc.titleThe New Wave of Capital Inflows: Sea Change or Tide?
dc.contributor.authorFernández-Arias, Eduardo
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America
dc.date.available2011-02-04T00:00:00
dc.date.issue2000-03-26T00:00:00
dc.description.abstractThis paper was prepared for the Seminar The New Wave of Capital Inflows: Sea Change or Tide? Annual Meetings of the Board of Governors, Inter-American Development Bank and Inter-American Investment CorporationWill capital inflows boom again in Latin America as countries recover from the 1998-99 recession? And will they bust again shortly thereafter, repeating the cycle of the past? Is there something fundamentally different about the new wave of capital inflows to alter this historical pattern, a sea change in the way the region is financially linked to international capital markets? Or is nothing really new under the sun and will the new wave of capital inflows be just another tide, bringing in its wake a capital withdrawal and a financial market drought? This paper addresses these important issues, over which there is much controversy.
dc.format.extent49
dc.identifier.doihttp://dx.doi.org/10.18235/0010775
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-New-Wave-of-Capital-Inflows-Sea-Change-or-Tide.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFinancial Management
dc.subjectCapital Flow
dc.subject.keywordsdeveloping countries;WP-415;investment;capital market
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
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