The Perils of Sterilization

The sterilization of capital inflows at the start of a price stabilization program may give rise to future pressures to discontinue the program as a result of the unduly high debt-service burden that the sterilization policy may generate.

MoreLess

Year of publication:	1991
Authors:	Calvo, Guillermo A.
Published in:	IMF Staff Papers. - Palgrave Macmillan, ISSN 1020-7635. - Vol. 38.1991, 4, p. 921-926
Publisher:	Palgrave Macmillan

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	F31 - Foreign Exchange
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008915715