Abstract
In the wake of the global financial crises, Brazil and Chile each attempted to mitigate the negative impacts of a surge in capital inflows into their economies. Brazil deployed a range of capital account regulations, Chile intervened in currency markets. In this chapter, we examine the effectiveness and impacts of these measures.
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© 2015 Brittany A. Baumann and Kevin P. Gallagher
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Baumann, B.A., Gallagher, K.P. (2015). Navigating Capital Flows in Brazil and Chile. In: Stiglitz, J.E., Gürkaynak, R.S. (eds) Taming Capital Flows: Capital Account Management in an Era of Globalization. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137427687_6
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DOI: https://doi.org/10.1057/9781137427687_6
Publisher Name: Palgrave Macmillan, London
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