This paper characterizes the surge of foreign capital inflows into Chile in the 1990s, it describes the policies to deal with these inflows, and analyzes the results of the policy mix used in terms of effectiveness with which flows were managed and effects on growth and investment. About 60 per...

This special volume of Estudios de Economía is devoted to issues of international finance in emerging economies. Finance was at the heart of the debt crisis of the 1980s It was also a leading force in the in the Tequila Crisis, and now it has played a crucial role in the present crisis of some...