Jean-François Perrault

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Staff working papers

Does Exchange Rate Policy Matter for Growth?

Staff Working Paper 2002-17 Jeannine Bailliu, Robert Lafrance, Jean-François Perrault
Previous studies on whether the nature of the exchange rate regime influences a country's medium-term growth performance have been based on a tripartite classification scheme that distinguishes between pegged, intermediate, and flexible exchange rate regimes.
Content Type(s): Staff research, Staff working papers Topic(s): Exchange rate regimes, Exchange rates, Monetary policy framework JEL Code(s): F, F3, F31, F33, F4, F43, O, O4, O40

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Bank publications

Bank of Canada Review articles

May 19, 2002

Private Capital Flows to Emerging-Market Economies

Bank of Canada Review - Spring 2002 Jean-François Perrault
This article explores the evolution of capital flows to emerging markets over the last 30 years with emphasis on the past decade. Capital markets in emerging-market economies have evolved substantially over the period, becoming increasingly deep and resilient. The author looks at how capital flows to these countries have changed in terms of magnitude, geographical distribution, the financial instruments used, and the country of origin. He also examines how changes in the investor base have affected these flows and reviews the factors underlying the growth of private capital flows in the 1990s.
Content Type(s): Publications, Bank of Canada Review articles Topic(s): Development economics

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