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 M. Reinhart

Peter G. Peterson Institute for International Economics; National Bureau of Economic Research (NBER)

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 M., 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 M. Reinhart

Peter G. Peterson Institute for International Economics ( email )

1750 Massachusetts Avenue, NW
Washington, DC 20036
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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