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In this paper I analyze, within the context of the new 'financial architecture,' the relationship between exchange rate regimes, capital flows and currency crises in emerging economies. The paper draws on lessons learned during the 1990s, and deals with some of the most important policy...
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the type Chile implemented throughout most of the 1990s reduce a country's vulnerability to contagion. I also deal, albeit … presented in this paper shows that the effectiveness of Chile's controls on inflows has often been overstated. Indeed, Chile was …
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-based controls on inflows - similar to those implemented by Chile - have the potential for lengthening the maturity of foreign debt …
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analysis of Chile's recent experiences with capital controls and make some comparisons to the recent experiences of Columbia … that capital controls in Chile have had mixed results: while they have allowed the Central Bank to have a greater degree of …
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