Athukorala, Prema-Chandra; Rajapatirana, Sarath - In: The World Economy 26 (2003) 4, pp. 613-637
The nexus of real exchange rate (RER) and capital inflows is examined through a comparative analysis of the experiences of emerging market economies in Asian and Latin America during the period 1985-2000. It is found that the degree of appreciation in RER associated with capital inflow is...