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Multilateral banking and development financing in a context of financial volatility
Daniel Titelman
出版
Naciones Unidas, CEPAL
, 2002
主題
Business & Economics / Economic Conditions
Business & Economics / Finance / General
Business & Economics / Economics / Macroeconomics
Business & Economics / Economics / General
ISBN
9211213584
9789211213584
URL
http://books.google.com.hk/books?id=bfi2AAAAIAAJ&hl=&source=gbs_api
註釋
In the 1990's, the economic performance of the Latin American and Caribbean economies was highly dependent on capital inflows into the region. Access to external financing coupled with better macroeconomic management, boosted growth and brought inflation down considerably. However, the processes of expansion and contraction on international financial markets led to volatility in international capital movements, which resulted in an unstable growth path. This publication discusses the composition and volatility of financial flows into Latin American and Caribbean countries. Indicators of external vulnerability and macroeconomic performance are also analyzed.
