Comment on "Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences"

José De Gregorio, Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies (University of Chicago Press, 2000), https://www.nber.org/books-and-chapters/capital-flows-and-emerging-economies-theory-evidence-and-controversies/comment-capital-flows-real-exchange-rates-and-capital-controls-some-latin-american-experiences.