Front Matter

Front Matter

Carmen Reinhart, and Mohsin Khan
Published Date:
October 1995
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© 1995 International Monetary Fund

Library of Congress Cataloging-in-Publication Data

Capital flows in the APEC region / edited by Mohsin S. Khan and Carmen M. Reinhart.

p. cm. — (Occasional Papers, ISSN 1251-6365; 122)

Background papers prepared by IMF staff for meetings of APEC

(Asia Pacific Economic Cooperation Council) region ministers.

ISBN 9781557754660

1. Capital movements—Asia. 2. Capital movements—Pacific Area. I. Khan, Mohsin S. II. Reinhart, Carmen M. III. International Monetary Fund. IV. Asia Pacific Economic Cooperation (Organization) V. Series: Occasional paper (International Monetary Fund); no. 122.

HG3891.C368 1995




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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., 1991–92 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

/ between years (e.g., 1991/92) to indicate a crop or fiscal (financial) year.

“Billion” means a thousand million.

Minor discrepancies between constituent figures and totals are due to rounding.

The term “country,” as used in this paper, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.


This Occasional Paper contains a set of papers dealing with various aspects of capital inflows in the Asia-Pacific Economic Cooperation Council (APEC) region. These papers were prepared by IMF staff in response to requests made by the APEC Ministers of Finance. One of the papers, “Macroeconomic Management in APEC Economies: The Response to Capital Inflows,” was prepared as background for the joint ministerial meeting held in Honolulu, Hawaii (March 18–19, 1994), while the other two were considered at the meeting of APEC Deputy Finance Ministers in Madrid, Spain (October 3, 1994).

The authors of the papers received useful comments from staff in other departments. They are grateful to Anne Jansen, Jared Romey, and Subramanian S. Sriram for research assistance and to Norma Alvarado, Darlene Alvis, Lucia Buono, Ann-Barbara Hyde, and Tammi Shear for secretarial assistance. Elisa Diehl of the External Relations Department edited the manuscript and coordinated the publication process.

The opinions expressed in the papers are those of the authors and do not necessarily reflect the views of the IMF or its Executive Directors.

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