Inflows of Capital to Developing Countries in the 1990s: Causes and Effects

15 Pages Posted: 20 Apr 2011

See all articles by Guillermo A. Calvo

Guillermo A. Calvo

Columbia University - School of International & Public Affairs (SIPA); National Bureau of Economic Research (NBER)

Leonardo Leiderman

affiliation not provided to SSRN

Carmen Reinhart

Harvard University - Center for Business and Government; Centre for Economic Policy Research (CEPR); World Bank; University of Maryland - School of Public Affairs; National Bureau of Economic Research (NBER); International Monetary Fund (IMF); Peterson Institute for International Economics; Harvard University, Harvard Kennedy School (HKS), Belfer Center for Science and International Affairs (BCSIA) ; Harvard University - Harvard Kennedy School (HKS)

Date Written: November 1994

Abstract

This paper discusses the changing pattern of capital flows to developing countries. The analysis is heavily colored by recent events. It concentrates on the principal facts, developments, and policies that characterize the current episode of capital inflows to Asia and Latin America.

Suggested Citation

Calvo, Guillermo A. and Leiderman, Leonardo and Reinhart, Carmen and Reinhart, Carmen and Reinhart, Carmen and Reinhart, Carmen and Reinhart, Carmen and Reinhart, Carmen and Reinhart, Carmen and Reinhart, Carmen, Inflows of Capital to Developing Countries in the 1990s: Causes and Effects (November 1994). IDB Working Paper No. 246, Available at SSRN: https://ssrn.com/abstract=1815929 or http://dx.doi.org/10.2139/ssrn.1815929

Guillermo A. Calvo

Columbia University - School of International & Public Affairs (SIPA) ( email )

420 West 118th Street
New York, NY 10027
United States

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Leonardo Leiderman

affiliation not provided to SSRN

Carmen Reinhart

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Harvard University - Center for Business and Government ( email )

John F. Kennedy School of Government
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Cambridge, MA 02138
United States

World Bank ( email )

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University of Maryland - School of Public Affairs ( email )

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National Bureau of Economic Research (NBER)

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International Monetary Fund (IMF) ( email )

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Peterson Institute for International Economics ( email )

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Harvard University, Harvard Kennedy School (HKS), Belfer Center for Science and International Affairs (BCSIA) ( email )

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Cambridge, MA 02138
United States
617-496-8643 (Phone)

Harvard University - Harvard Kennedy School (HKS) ( email )

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United States

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