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Munich Personal RePEc Archive

Inversión de las corrientes de capital, tipo de cambio y dolarización

Reinhart, Carmen and Calvo, Guillermo (1999): Inversión de las corrientes de capital, tipo de cambio y dolarización. Published in: Finanzas y Desarollo , Vol. 36, No. 3 (September 1999): pp. 13-15.

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Abstract

More frequent and increasingly severe crises are encouraging emerging market economies to seek means to make themselves less vulnerable to sudden stops in capital flows. Capital controls have been widely discussed, but dollarization may offer a longer-term and more market-friendly solution.

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