Capital flows in Central and Eastern Europe : evidence and policy options /

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Bibliographic Details
Author / Creator:Calvo, Guillermo A., author.
Imprint:[Washington, D.C.] : International Monetary Fund, Research Dept., ©1995.
Description:1 online resource (iv, 34 [e.g. 41] pages) : illustrations
Language:English
Series:IMF working paper ; WP/95/57
IMF working paper ; WP/95/57.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497001
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Other authors / contributors:Sahay, Ratna, author.
Végh Gramont, Carlos A., 1958- author.
International Monetary Fund. Research Department, issuing body.
ISBN:145521910X
9781455219100
1281600830
9781281600837
Notes:Includes bibliographical references (pages 33-34).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
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Print version record.
Summary:Annotation This paper examines the nature and composition of capital flows in selected countries in Central and Eastern Europe during 198793. the data show that there was a remarkable turnaround in the capital account in 199293. This improvement was accompanied by widening current account deficits, an increase in real consumption, and real exchange rate appreciation. In light of these developments, the paper discusses the main macroeconomic concerns raised by capital inflows and lays out the principal policy options relevant for the transition economies.
Other form:Print version: Calvo, Guillermo A. Capital flows in Central and Eastern Europe. [Washington, D.C.] : International Monetary Fund, Research Dept., ©1995