Capital Flows (Paula et al.)

Capital flows, international imbalances and economic policies in Latin America by Luiz Fernando de Paula, Fernando Ferrari-Filho and Aline M. Gomes (07/2012). “This paper aims at analyzing the causes and consequences of the recent capital flows boom to Latin America, focusing on the major countries of the region. Going in this direction, it tries to answer the following questiong: What are the specific determinants and features in the recent wave of capital inflows to Latin America? Why did Latin American countries succeed in facing the contagious of the 2007-08 international financial crisis? How have Latin American major countries managed the recent intensive wave of capital flows?”