The Effects of Inflation and Exchange Rate Policies on Direct Investment to Developing Countries

This study focuses on the effects of inflation and exchange rate policy on direct investment flows to developing countries. We find that inflation does have a substantial negative effect on capital inflows. Our estimates indicate that this effect can be significantly reduced, but not eliminated, by following exchange rate policies which avoid substantial overvaluation of the currency. [F 30]

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Year of publication:	1998
Authors:	Ahn, Young Seok ; Adji, Slamet Seno ; Willett, Thomas
Published in:	International Economic Journal. - Taylor & Francis Journals, ISSN 1016-8737. - Vol. 12.1998, 1, p. 95-104
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005475677