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Munich Personal RePEc Archive

Capital flows to developing economies:

Implications for saving, investment, and growth (a comment)

Reinhart, Carmen

University of Maryland, College Park, Department of Economics

1999

Online at https://mpra.ub.uni-muenchen.de/13204/

MPRA Paper No. 13204, posted 06 Feb 2009 19:20 UTC

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Growth

by Barry Bosworth and Susan Collins Brookings Papers on Economic Activity No. 1, June 1999, 170-176.

Comment: Carmen M. Reinhart

University of Maryland, NBER, and CEPR

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References

Calvo, Guillermo A., Leonardo Leiderman, and Carmen M. Reinhart, “Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors,” IMF Staff Papers, Vol. 40 No. 1, March 1993, 108-151.

Dooley, Michael, Eduardo Fernandez-Arias, and Kenneth Kletzer, “Recent Private Capital Inflows to Developing Countries: Is the Debt Crisis History?, World Bank Economic Review 10(1), January 1996, 27-49.

Kaminsky, Graciela L. and Carmen M. Reinhart, “The Twin Crises: The Causes of Banking and Balance of Payments Problems,” American Economic Review, Vol.

89 No. 3, June 1999, 473–500.

Sarno, Lucio, and Mark Taylor "Moral Hazard, Asset Price Bubbles, Capital Flows, and L. Sarno and M. P. Taylor, “Moral hazard, asset price bubbles, capital flows, and the East Asian crisis: the first tests,” Journal of International Money and Finance 18, no. 4 (1999): 637-657.

World Bank, The Road to Financial Integration: Private Capital Flows to Developing Countries (Washington DC: World Bank, 1997).

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