- D. Folkerts-Landau, Donald Mathieson, Morris Goldstein, Liliana Rojas-Suárez, José Saúl Lizondo, and Timothy Lane
- Published Date:
- April 1991
© 1991 International Monetary Fund
Library of Congress Cataloging-in-Publication Data
Determinants and systemic consequences of international capital flows: a study / by the Research Department of the International Monetary Fund.
p. cm. — (Occasional paper / International Monetary Fund, ISSN 0251-6365; no. 77)
Includes bibliographical references
1. Capital movements. 2. International finance. 3. Balance of payments—Developing countries. I. International Monetary Fund. Research Dept. II. Series: Occasional paper (International Monetary Fund); no. 77.
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Morris Goldstein, Donald J. Mathieson, and Timothy Lane
J. Saúl Lizondo
The following symbols have been used throughout this paper:
… to indicate that data are not available;
— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;
– between years or months (e.g., 1990–91 or January-June to indicate the years or months covered, including the beginning and ending years or months;
/ between years (e.g., 1990/91) to indicate a crop or fiscal (financial) year.
“Billion” means a thousand million.
Minor discrepancies between constituent figures and totals are due to rounding.
This study was prepared in the Research Department of the International Monetary Fund. Its authors are Morris Goldstein, Deputy Director of the Research Department; Donald J. Mathieson, Chief of the Financial Studies Division; David Folkerts-Landau, Deputy Chief of the Financial Studies Division; and Timothy Lane, J. Saúl Lizondo, and Liliana Rojas-Suárez, Economists of the Financial Studies Division. A number of colleagues in the Fund greatly facilitated the preparation of this study by their willingness to exchange views and provide information. The authors are also grateful to Kellett Hannah and Rosita Vera-Bunge for their excellent research assistance, to the editor Elin Knotter, of the External Relations Department, and to Gail Campbell and Rosalind Oliver, for their excellent word processing services. The authors alone are responsible for the study; the opinions expressed are theirs and do not necessarily reflect the views of the Fund.