Skip navigation
Skip navigation

Capital inflows and the real exchange rate: a comparative study of Asia and Latin America

Athukorala, Prema-Chandra; Rajapatirana, Sarath


The nexus of real exchange rate (RER) and capital inflows is examined through a comparative analysis of the experiences of emerging market economies in Asian and Latin America during the period 1985-2000. It is found that the degree of appreciation in RER associated with capital inflow is uniformly much higher in Latin American countries compared to their Asian counterparts, despite the fact that the latter experienced far greater foreign capital inflows relative to the size of the economy. The...[Show more]

CollectionsANU Research Publications
Date published: 2003
Type: Working/Technical Paper
Source: The World Economy


File Description SizeFormat Image
wp-econ-2003-02.pdf162.96 kBAdobe PDFThumbnail

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  20 July 2017/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator