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Coping with International Capital Flows

image of Coping with International Capital Flows

Private capital flows to developing countries have increased dramatically in the 1990s. The authors identify key concerns about the sustainability and volatility of these flows and make a number of recommendations for national macroeconomic management including improving crisis prevention measures.

English

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Current Prospects

The Mexican crisis has led to proposals both for changes in national macroeconomic policies and for international regulation of the global financial system.

English

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